Murphy v. Crosland

DURHAM, Justice:

This case involves review of Murphy v. Crosland, 886 P.2d 74 (Utah Ct.App.1994), cert. granted, 899 P.2d 1231 (Utah 1995). The court of appeals reversed the trial court’s grant of summary judgment in favor of defendant Todd Crosland and held him personally liable for negotiating and executing guarantee agreements on behalf of a corporation operating under suspended status. We affirm.

Todd Crosland was the president, director, and principal shareholder in Crosland Industries. Incorporated in Utah in January 1986, Crosland Industries’ corporate status was suspended on March 1,…