Georgia Commercial Stores, Inc. v. Daniel T. Forsman
Court of Appeals of Georgia
1Opinion of the Court
BARNES, Presiding Judge.
Georgia Commercial Stores, Inc. (“Georgia Commercial”), is a judgment creditor of Pargar, LLC, an insolvent company. Daniel T. Forsman was the managing member of Pargar who controlled its day-to-day operations. Unable to collect on its debt from Pargar, Georgia Commercial sued Forsman to recover an alleged preferential payment that Forsman authorized Pargar to make to himself when Pargar was insolvent and faced foreclosure on all of its assets. Georgia Commercial alleged several causes of action against Fors-man, including breach of fiduciary duty and violation of…
2Cases cited21 opinions
- ONTARIO SEWING MACHINE COMPANY, LTD. v. SmithSupreme Court of Georgia · 2002
- Baldi v. Lynch (In Re McCook Metals, L.L.C.)United States Bankruptcy Court, N.D. Illinois · 2005
- SRB Investment Services, LLLP v. Branch Banking & Trust Co.Supreme Court of Georgia · 2011
- Walker v. GilesCourt of Appeals of Georgia · 2005
- Hickman v. HyzerSupreme Court of Georgia · 1991
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