Legal Opinion
Lilly v. Ernst
District Court, S.D. West Virginia
Decided October 10, 1952No. 344PublishedCited by 4 opinions
1Opinion of the Court
MOORE, Chief Judge.
In the year 1946 Frank H. Ernst, who had theretofore been individually conducting a bakery business, employed the firm of George S. May Company, a concern en gaged in business counseling, to advise him as to the future conduct of his business. On the advice of this consultant two corporations were formed, one of which, the Ernst Equipment Company, was to own the bakery equipment, and the other, Frank’s ■Bakery, Inc., was to operate the bakery business. Ernst and the members of his immediate family were made stockholders and directors of both companies. As consideration for…
2Cases cited7 opinions
- Davis v. WilleyCourt of Appeals for the Ninth Circuit · 1921
- Park v. CameronSupreme Court of the United States · 1915
- Lytle v. AndrewsCourt of Appeals for the Eighth Circuit · 1929
- Arnold v. KnappWest Virginia Supreme Court · 1915
- Davis v. WoolfCourt of Appeals for the Fourth Circuit · 1945
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3Cited by4 opinions
- Manville Corp. v. Equity Security Holders Committee (In Re Johns-Manville Corp.)United States Bankruptcy Court, S.D. New York · 1985
- In Re Hampton Hotel Investors, L.P.United States Bankruptcy Court, S.D. New York · 2001
- Buchman v. American Foam Rubber CorporationDistrict Court, S.D. New York · 1965
- William B. Teasdale, Trustee in Bankruptcy of Royal Laundries, Inc., and Royal Cleaners, Inc. v. Charles D. Robinson and June RobinsonCourt of Appeals for the Eighth Circuit · 1961