Opinion · Court of Appeals for the Third Circuit

Golden Acres, Inc., the Golden Acres, Inc., J.L. Capano, Inc., Capano (Joseph L., Mario B.) v. Sutton Place Corporation, Cb-Nds

879 F.2d 857

Type
Opinion
Court
Court of Appeals for the Third Circuit
Jurisdiction
Federal
Date
1989-06-06
Topic
litigation

How later courts describe this case

  • piercing the corporate veil where a subsidiary was undercapitalized, corporate formalities were not observed, the subsidiary was insolvent, the subsidiary did not pay dividends, and defendants were siphoning funds from the subsidiary, using it as “an incorporated pocketbook”

Citator

UpLaw has not yet analyzed Golden Acres, Inc., the Golden Acres, Inc., J.L. Capano, Inc., Capano (Joseph L., Mario B.) v. Sutton Place Corporation, Cb-Nds. The absence of a flag is not a finding that it is good law.

Authority status
pending
Cited by
7 opinions

879 F.2d 857

Golden Acres, Inc., The Golden Acres, Inc., J.L. Capano,
Inc., Capano (Joseph L., Mario B.)
v.
Sutton Place Corporation, CB-NDS

NO. 89-3034

United States Court of Appeals,
Third Circuit.

JUN 06, 1989

Appeal From: D.Del.,

Roth, J.,

702 F.Supp. 1097

1

AFFIRMED.