Legal Opinion
Preston-Thomas Construction, Inc. v. Central Leasing Corp.
Court of Civil Appeals of Oklahoma
Decided January 31, 1974No. 45566PublishedCited by 28 opinions
1Opinion of the Court
BRIGHTMIRE, Presiding Judge.
By jury verdict two corporate officers and directors have been found to be personally liable for converting money held by the corporation in trust for appellees. The two officials want the verdict vacated and a judgment rendered in their favor primarily because — as stated in their first proposition — “Corporate officers and directors are not liable for the wrongful acts of a corporation or of another corporate officer . ” so that the trial court should have directed a verdict for them.
Genesis of the dispute goes back to the summer and fall of 1969. It was during…
2Cases cited11 opinions
- Poggi v. ScottCalifornia Supreme Court · 1914
- Ashby v. PetersNebraska Supreme Court · 1935
- Cornell v. SeddingerSupreme Court of Pennsylvania · 1912
- Baltimore & OR Co. v. FoarCourt of Appeals for the Seventh Circuit · 1936
- McClory v. DodgeCalifornia Court of Appeal · 1931
6 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Frances T. v. Village Green Owners Assn.California Supreme Court · 1986
- Francis v. United Jersey BankSupreme Court of New Jersey · 1981
- Gay v. AkinSupreme Court of Oklahoma · 1988
- Federal Deposit Insurance Corporation v. Gilbert BiermanCourt of Appeals for the Seventh Circuit · 1993
- Jabczenski v. Southern Pacific Memorial Hospitals, Inc.Court of Appeals of Arizona · 1978
23 more not listed; retrieve them via the Exa API.