Western Assurance Co. v. Connors

ENTRY

BARKER, District Judge.

From 1981 to 1988, J.D. Connors (“Connors”) and the Connors Consulting Group, Inc. (“CCG”), and Martin Nemeth (“Nemeth”) and the Western Assurance Company, Inc. (“Western Assurance”) reaped a small fortune working together. Unfortunately for these parties, however, they were in such a hurry to make' money that they failed to specify exactly what their responsibilities were one to the other, or to exercise financial control over their newly acquired wealth. Because of their inattention to legal form and aversion to reducing their thoughts to writing, they now…