Snyder Electric Co. v. Fleming

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that, when a corporation becomes insolvent, its officers and directors become fiduciaries of corporate assets for the benefit of creditors
• noting that total equity consists of “stated capital plus shareholder loans plus retained earnings”
• finding corporations under common control of same officers and directors regarded with skepticism by courts and closely scrutinized
• rebutting presumption of lack of consideration arising from transaction between officer of corporation and corporation
• on claim that conveyances were made without fair consideration, the onus of proof was not on creditor alone
• “This was a closed corporation and the fact the other two directors Fleming’s wife and his attorney had a passive role is not inconsistent with this kind of corporation.”

Source: CourtListener parenthetical corpus (CC0).

Cited by

45 cases in this archive cite this case; the 20 most cited are listed.

• Unnamed case
  Eighth Circuit· 1988-07-20· cited 144×
• Mullins v. Venable
  West Virginia Supreme Court· 1982-11-18· cited 61×
• Damon v. Groteboer
  D. Minnesota· 2013-03-29· cited 54×
• Spagnola v. Chubb Corp.
  S.D. New York· 2010-01-07· cited 51×
• Ries v. Wintz Properties, Inc. (In Re Wintz Companies)
  Eighth Circuit· 1999-03-17· cited 36×
• Helm Financial Corporation, a California Corporation v. Mnva Railroad, Inc. Dakota, Missouri Valley & Western Railroad, Inc. Larry C. Wood Diane Wood
  Eighth Circuit· 2000-05-01· cited 34×
• Stoebner v. Ritchie Capital Management, L.L.C. (In re Polaroid Corp.)
  D. Minnesota· 2012-04-30· cited 31×
• Reshetar Systems, Inc. v. Scott Thompson
  Eighth Circuit· 2012-07-30· cited 30×
• Marriage of Haefele v. Haefele
  Court of Appeals of Minnesota· 2001-01-02· cited 29×
• New Horizon Enterprises, Inc. v. Contemporary Closet Design, Inc.
  Court of Appeals of Minnesota· 1997-11-04· cited 25×
• Association of Mill & Elevator Mutual Insurance Co. v. Barzen International, Inc.
  Court of Appeals of Minnesota· 1996-09-17· cited 24×
• Northern States Power Co. v. Williams
  Supreme Court of Minnesota· 1984-01-20· cited 22×
• In re Petters Co.
  D. Minnesota· 2013-06-19· cited 16×
• St. James Capital Corp. v. Pallet Recycling Associates of North America, Inc.
  Court of Appeals of Minnesota· 1999-03-09· cited 15×
• Almac, Inc. v. JRH Development, Inc.
  Court of Appeals of Minnesota· 1986-08-19· cited 14×
• George Reilly, as trustee of the Nathan L. Bentson 1993 Irrevocable Trust v. Michael J. Antonello
  Court of Appeals of Minnesota· 2014-08-18· cited 13×
• B & S Rigging & Erection, Inc. v. Wydella
  Court of Appeals of Minnesota· 1984-07-17· cited 12×
• Reshetar Systems, Inc. v. Thompson (In Re Thompson)
  Eighth Circuit· 2011-10-04· cited 11×
• Argonaut Insurance Co. v. Cooper
  Court of Appeals of Minnesota· 1986-10-28· cited 10×
• Staats v. Harper (In Re Harper)
  S.D. Ohio· 1991-10-04· cited 9×

Cites

13 cases in this archive are cited by this case.

• Dewitt Truck Brokers, Inc. v. W. Ray Flemming Fruit Company and W. Ray Flemming
  Fourth Circuit· 1976-05-13· cited 243×
• Victoria Elevator Co. of Minneapolis v. Meriden Grain Co.
  Supreme Court of Minnesota· 1979-08-03· cited 125×
• Patterson v. Stewart
  Supreme Court of Minnesota· 1889-06-18· cited 31×
• Taylor v. Mitchell
  Supreme Court of Minnesota· 1900-07-19· cited 23×
• Fidelity Bank & Trust Co. v. Fitzimons
  Supreme Court of Minnesota· 1977-11-18· cited 22×
• Stumbo v. Paul B. Hult Lumber Co.
  Oregon Supreme Court· 1968-08-23· cited 13×
• Swanson v. Tomlinson Lumber Mills, Inc.
  Supreme Court of Minnesota· 1976-02-06· cited 10×
• Smith v. Mississippi Livestock Producers Ass'n
  Mississippi Supreme Court· 1966-07-08· cited 9×
• Taylor v. Fanning
  Supreme Court of Minnesota· 1902-07-03· cited 8×
• Thrasher v. Thrasher
  California Court of Appeal· 1972-08-03· cited 7×
• Johnson v. O'BRIEN
  Supreme Court of Minnesota· 1966-08-19· cited 6×
• Minneapolis Paper Co. v. Swinburne Printing Co.
  Supreme Court of Minnesota· 1896-12-07· cited 5×
• Savage v. Madelia Farmers' Warehouse Co.
  Supreme Court of Minnesota· 1906-06-22· cited 5×