Legal Opinion
C. Mac Chambers Co. v. Iowa Tae Kwon Do Academy, Inc.
Supreme Court of Iowa
Decided September 23, 1987No. 86-135PublishedCited by 50 opinions
1Opinion of the Court
HARRIS, Justice.
A closely held corporation failed and was immediately supplanted by a separate corporation. Both were owned and operated by members of the same family. The business continued without interruption. Creditors of the failed corporation brought actions on several theories, seeking to recover against the succeeding corporation and the family member who was its sole shareholder and director. We think the creditors may recover actual but not punitive damages.
For more than fifteen years In Mook Kim, a native of Korea, has operated physical fitness and martial arts teaching centers in…
2Cases cited21 opinions
- Anderson v. AbbottSupreme Court of the United States · 1944
- Lakota Girl Scout Council, Inc. v. Havey Fund-Raising Management, Inc., and Francis P. HaveyCourt of Appeals for the Eighth Circuit · 1975
- Glenn Paul Baker, Sr., Cross-Appellant v. Raymond International, Inc., Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1981
- Northrup v. Miles Homes, Inc. of IowaSupreme Court of Iowa · 1973
- Briggs Transportation Co. v. Starr Sales Co.Supreme Court of Iowa · 1978
16 more not listed; retrieve them via the Exa API.
3Cited by50 opinions
- Martin v. FeilenCourt of Appeals for the Eighth Circuit · 1992
- HOK Sport, Inc. v. FC Des Moines, L.C.Court of Appeals for the Eighth Circuit · 2007
- Cambridge Tempositions, Inc. v. Cassis (In Re Cassis)United States Bankruptcy Court, N.D. Iowa · 1998
- Davis v. Celotex Corp.West Virginia Supreme Court · 1992
- Grand Laboratories, Inc. v. Midcon Labs of Iowa, Barco Laboratories, Inc. Midcon Labs, Inc., a Missouri Corporation Barco Laboratories of Iowa, Inc., an Iowa Corporation Kansas City Southern Industries, Inc., a Delaware Corporation Pvi, Inc., a Missouri Corporation Central Biomedia, Inc., a Missouri Corporation, Grand Laboratories, Inc. v. Midcon Labs of Iowa, Inc. Barco Laboratories, Inc., Midcon Labs, Inc., a Missouri Corporation, Barco Laboratories of Iowa, Inc., an Iowa Corporation, Kansas City Southern Industries, Inc., a Delaware Corporation, Pvi, Inc., a Missouri Corporation Central Biomedia, Inc., a Missouri CorporationCourt of Appeals for the Eighth Circuit · 1994
45 more not listed; retrieve them via the Exa API.