Resolution Trust Corp. v. Greer
Supreme Court of Oklahoma
1Opinion of the Court
OP ALA, Justice.
This certiorari tenders two questions: (1) May a corporation’s creditor — Resolution Trust Corporation [RTC] — invoke the doctrine of adverse domination to toll the statute of limitations in an action against a director of Mega II Energy and Investment Corporation [corporation or Mega II] based on his statutory liability for the corporation’s wrongful lending to another director? and (2) Is the adverse domination doctrine available in this wrongful-lending action — not founded on fraud — against a corporate director (who was not in the controlling group) to extend the…
2Cases cited37 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- O'Melveny & Myers v. Federal Deposit InsuranceSupreme Court of the United States · 1994
- Hough v. LeonardSupreme Court of Oklahoma · 1993
- TXO Production Corp. v. Oklahoma Corp. CommissionSupreme Court of Oklahoma · 1992
- Bankr. L. Rep. P 71,041 Delgado Oil Company, Inc. v. Michael R. Torres, James R. ClevelandCourt of Appeals for the Tenth Circuit · 1986
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3Cited by41 opinions
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- Smith v. Baptist Foundation of OklahomaSupreme Court of Oklahoma · 2002
- Tronox Inc. v. Anadarko Petroleum Corp. (In Re Tronox Inc.)United States Bankruptcy Court, S.D. New York · 2010
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