X
27May

Is Debt Between A Corporation And Its Sole Shareholder Extinguished By The Merger Doctrine? Access Realty Gives Us An Answer (Sort Of).

Under the merger doctrine, when the same person is both the creditor and the debtor with respect to a debt, that debt is extinguished. Yet, in Access Realty Group, Inc. v. Kane, No. 18-0173, 2019 IL App (1st) 180173 (Sept. 13, 2019), the Illinois...
By: Novack and Macey LLP
Source Url: https://www.jdsupra.com/legalnews/is-debt-between-a-corporation-and-its-88181/

Related

Court Hears Challenges To California Bar On Mandatory Arbitration Agreements In Employment

The U.S. District Court for the Eastern District of California heard oral argument on January 10, 20...

Read More >

[Video] Carsten Beith on The Future of Health Care: Health Care Delivery and Consolidation Trends in 2020 and Beyond - Diagnosing Health Care Podcast

This episode is part of a special podcast series discussing “The Future of Health Care: Health Care...

Read More >

EEOC Releases Instructions for Submitting EEO-1 Component 2 Pay Data

The Equal Employment Opportunity Commission (EEOC) and its contractor issued long-awaited resource d...

Read More >

[Audio] Life With GDPR: Looking Back and Looking Forward

In this episode Jonathan Armstrong and Tom Fox are back to discuss issues relating to data privacy, ...

Read More >

A self-directed brokerage account is still something to be wary of

I’m wary of self-directed brokerage account because I still concerned about the fiduciary issues, a...

Read More >

FTC Announces Changes to HSR Filing Process as a Result of COVID-19 Crisis

On Friday, March 13, 2020, the Federal Trade Commission (“FTC”) issued a press release regarding c...

Read More >