Stirling-Wanner v. Pocket Novels, Inc.

How courts have described this case

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

• noting that the sufficiency of capital is determined at the time a corporation is formed and at the beginning of its operation
• \gross undercapitalization of a debtor corporation by itself could suffice to hold a shareholder liable to a creditor who is unable to collect against the corporation because of inadequate capitalization\
• “gross undercapitalization of a debtor corporation by itself could suffice to hold a shareholder liable to a creditor who is unable to collect against the corporation because of inadequate capitalization”

Source: CourtListener parenthetical corpus (CC0).