Case Name:
Gillman v. Treese (In re Northwest Publishing)
Judge:
Judge Boulden
Date:
Oct-15-1998
Case Number(s):
97PB-2036
Status:
UNPUBLISHED
Body:
Chapter 7 trustee brought this action against two of the debtor's officers and directors claiming corporate mismanagement, requesting an accounting, and seeking a determination that the debtor was defendants' alter ego. The court held that the proceeding was non-core but was related to the main case, and that the parties consented to entry of a final judgment. The court applied state law in analyzing the trustee's corporate mismanagement claim, holding that the presumption of good faith contained in the business judgment rule was overcome by the defendants' gross negligence. The debtor was also determined to be the alter ego of the debtor's president.
Internal Ref:
Opinion 402
File: