State of Tennessee v. Jose S. Loredo (In Re A Close Bonding Co., LLC, Surety)
Syllabus
The Appellant, A Close Bonding Co., LLC, acting as the bail bond surety in the criminal case of the Defendant, Jose S. Loredo, appeals the Madison County Circuit Court's denial of the Appellant's motion to recuse and motion to set aside final forfeiture of the Defendant's bond. Based upon the oral arguments, the record, and the parties' briefs, we conclude that the trial court did not err and affirm the judgment of the trial court.
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that “jurisdiction over [a] subsidiary is determined by that corporation’s citizenship, not the citizenship of the parent”
- recognizing separate corporate identity of subsidiary where evidence showed \formal separation [was] maintained\
- “This rule applies even where the parent owns all the stock of the subsidiary and exercises close control over its operations.”
- “When formal separation is maintained between a corporate parent and its corporate subsidiary, federal court jurisdiction over the subsidiary is determined by that corporation’s citizenship, not the citizenship of the parent”
- “When formal separation is maintained between a corporate parent and its corporate subsidiary, federal court jurisdiction over the subsidiary is determined by that corporation’s citizenship, not the citizenship of the parent.”
- “When formal separation is maintained between a corporate parent and its corporate subsidiary, federal court jurisdiction over the subsidiary is determined by that corporation’s citizenship, not the citizenship of the parent.”
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
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