Legal Opinion
Smith v. Cox
New Mexico Supreme Court
Decided May 5, 1992No. 19916PublishedCited by 2 opinions
1Opinion of the Court
OPINION
BACA, Justice.
In 1986, appellant Alvin Smith successfully sued FDC Corporation receiving a judgment for $54,134.00 plus costs. That judgment was subsequently affirmed on appeal in Smith v. FDC Corp., 109 N.M. 514, 787 P.2d 433 (1990). In March of 1987, while the Smith suit was pending, FDC Corporation liquidated its corporate assets and ceased doing business. No formal dissolution proceedings were ever initiated. When Smith sought to collect the judgment amount, he discovered that the corporation was insolvent.
Thereafter, Smith filed this action alleging that appellee Roger Cox, a…
2Cases cited10 opinions
- Smith v. FDC Corp.New Mexico Supreme Court · 1990
- Kirk v. HGP Corporation, Inc.Supreme Court of Kansas · 1972
- Charles E. Burroughs, Trustee in Bankruptcy of Hearthside Homes, Inc., Bankrupt v. Robert J. FieldsCourt of Appeals for the Seventh Circuit · 1976
- Boyd v. Boyd & Boyd, Inc.Court of Appeals of Iowa · 1986
- Charlie Delia, Transferee of Assets of Lath Rite Builders, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1966
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3Cited by2 opinions
- Smith v. Halliburton Co.New Mexico Court of Appeals · 1994
- J Patrick Murphy v. C KincaidNew Mexico Court of Appeals · 2010