Posts Tagged ‘disregard of corporate form’
Court Permits Assets of Business Entity to Be Used to Satisfy Creditors of Related Entity
In Toho-Towa Co., Ltd., v. Morgan Creek Productions (2013) 217 Cal. App. 4th 1096, the court held that the assets of one business entity could be used to satisfy the obligations of a different, but related, business entity. This case deals with the “single enterprise” theory (also known as the “greater enterprise theory) of liability for…
Read More