Legal Opinion
Assurance Systems Corp. v. Jackson (In Re Jackson)
United States Bankruptcy Court, N.D. Texas
Decided June 30, 1992No. 19-30697PublishedCited by 16 opinions
1Opinion of the Court
MEMORANDUM OF OPINION ON CORPORATE FIDUCIARY RESPONSIBILITY
JOHN C. AKARD, Bankruptcy Judge.
Leslie C. Clary, a stockholder of Assurance Systems Corporation (ASC), the principal stockholder of ASC Management, Inc. (Management), and a personal guarantor of some of the corporate obligations, brought this action in the nature of a stockholders’ derivative suit against Donald E. Jackson and Jeanne Jackson (Jacksons) asserting that the Jacksons as officers and directors of both corporations breached their fiduciary duties thereby injuring the corporations.
ISSUE
The question before the court is…
2Cases cited29 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Pepper v. LittonSupreme Court of the United States · 1939
- International Bankers Life Insurance Co. v. HollowayTexas Supreme Court · 1963
- In Re Gerald T. BLACK and Denise B. Black, Debtors. Garth L. DRIGGS, Plaintiff-Appellant, v. Gerald T. BLACK, Defendant-AppelleeCourt of Appeals for the Tenth Circuit · 1986
- In Re Gerald JOHNSON, Bankrupt, CARLISLE CASHWAY, INC., Plaintiff-Appellant, v. Gerald JOHNSON, Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 1982
24 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- KMK Factoring, L.L.C. v. McKnew (In Re McKnew)United States Bankruptcy Court, E.D. Virginia · 2001
- M-R Sullivan Manufacturing Co. v. Sullivan (In Re Sullivan)United States Bankruptcy Court, D. Massachusetts · 1998
- Pace v. Jordan, Texas Court of Appeals, 1st District (Houston)1999
- E.L. Hamm & Associates, Inc. v. Sparrow (In Re Sparrow)United States Bankruptcy Court, E.D. Virginia · 2003
- Weaver v. KelloggDistrict Court, S.D. Texas · 1997
11 more not listed; retrieve them via the Exa API.