Technic Engineering, Ltd. v. Basic Envirotech, Inc.

How courts have described this case

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

• clarifying the fiduciary duties are owed to the corporation’s creditors by directors and officers, not just directors
• clarifying the fiduciary duties are owed to the corporation’s creditors by directors and officers, not just directors
• clarifying the fiduciary duties are owed to the corporation’s creditors by directors and officers, not just directors
• extending fiduciary duties during insolvency to officers as well as directors
• extending fiduciary duties during insolvency to officers as well as directors
• “Technic has presented sufficient evidence that, at the time of the transfer of Environmental’s assets[,] Environmental was generally not paying debts as they came due .... ”

Source: CourtListener parenthetical corpus (CC0).