Polaris Industrial Corp. v. Kaplan

OPINION

This case arises from a promissory note originally issued by National Marketing Services (NMS), a now-defunct Nevada corporation, to appellant Polaris Industrial Corporation for amounts owing on an account. The note was later assumed by Commercial Resources, Inc. (CRI), another Nevada corporation no longer in existence. In 1979, Polaris brought an action on the note against both corporations and their two shareholders and officers, Bob Davis and respondent Michael Kaplan. Polaris alleged Davis and Kaplan were the alter egos of NMS and CRI. Summary judgment was entered for Polaris…