Legal Opinion
Bruch v. National Guarantee Credit Corp.
Court of Chancery of Delaware
Decided April 10, 1922PublishedCited by 21 opinions
1Opinion of the Court
The Chancellor.
The decree appointing the receiver is attacked on two grounds: First, that the officers of the corporation who filed the answer to the bill acted without the authority of the corporation; and second, that the corporation was not at the time of the filing of the bill, nor at any time since, in fact insolvent. These two contentions will be disposed of in the order of their statement.
First. Were the officers authorized to file the answer on behalf of the corporation admitting the charges of the bill? Rule 39 of this court requires, as follows:
“Rule 39. Every answer, except the…
2Cases cited16 opinions
- Saxon v. Southwestern Brick & Tile Mfg. Co.Supreme Court of Louisiana · 1904
- Lippman v. Kehoe Stenograph Co.Court of Chancery of Delaware · 1915
- Thompson v. Southern Connellsville Coke Co.Supreme Court of Pennsylvania · 1921
- Lippman v. Kehoe Stenograph Co.Court of Chancery of Delaware · 1916
- Erie Railroad Co. v. . City of BuffaloNew York Court of Appeals · 1904
11 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Blish v. Thompson Automatic Arms Corp.Supreme Court of Delaware · 1948
- McDermott Inc. v. LewisSupreme Court of Delaware · 1987
- Dillon v. BergDistrict Court, D. Delaware · 1971
- Flight Equipment & Engineering Corp. v. SheltonSupreme Court of Florida · 1958
- Crown Emak Partners, LLC v. KurzSupreme Court of Delaware · 2010
16 more not listed; retrieve them via the Exa API.