Legal Opinion
Bombardier Corp. v. Penning (In Re Penning)
United States Bankruptcy Court, E.D. Michigan
Decided August 12, 1982No. 19-41932PublishedCited by 29 opinions
1Opinion of the Court
OPINION
GEORGE BRODY, Bankruptcy Judge.
The question presented is whether a debt- or, by conduct as an officer of a corporation, may incur liability to a creditor of the corporation which is nondischargeable in his individual bankruptcy proceeding.
Campers Corral, Inc. was a family-owned Michigan Corporation, of which Robert Richard Penning (debtor) was the principal stockholder, president, and managing officer. In September 1979, Campers Corral entered into an agreement with Bombardier Corporation to act as a retail distributor of snowmobiles. The Agreement provided that when the snowmobiles…
2Cases cited19 opinions
- In the Matter of Ron C. Cross, Bankrupt. Murphy & Robinson Investment Company v. Ron C. CrossCourt of Appeals for the Fifth Circuit · 1982
- Louis Lobato v. Pay Less Drug Stores, Inc., a Corporation Abe B. Cohen, James L. Grady, Charles Finke, and Burt RosenburgCourt of Appeals for the Tenth Circuit · 1958
- In the Matter of Larry Eugene Bennett. Larry Eugene Bennett v. W. T. Grant CompanyCourt of Appeals for the Fourth Circuit · 1973
- In Re BernardCourt of Appeals for the Second Circuit · 1937
- General Electric Credit Corp. v. Graham (In Re Graham)United States Bankruptcy Court, D. Nevada · 1980
14 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Bankr. L. Rep. P 71,593 Ford Motor Credit Company, a Delaware Corporation v. William B. OwensCourt of Appeals for the Eleventh Circuit · 1987
- Bombardier Capital, Inc. v. Tinkler (In Re Tinkler)United States Bankruptcy Court, D. Colorado · 2004
- Lisk v. Criswell (In Re Criswell)United States Bankruptcy Court, E.D. Virginia · 1985
- Ford Motor Credit Co. v. Klix (In Re Klix)United States Bankruptcy Court, E.D. Michigan · 1982
- Kraus Anderson Capital, Inc. v. Bradley (In re Bradley)Bankruptcy Appellate Panel of the Sixth Circuit · 2014
24 more not listed; retrieve them via the Exa API.