Philadelphia City Hall in downtown Philadelphia, on April 3, 2021. Photo: Diego M. Radzinschi/ALM Courtroom Déjà Vu: Judge Denies Convicted Shareholder's Attempt to Use Company Name to Bring Contract Claim
"I conclude that a closely held Subchapter S corporation controlled by a single shareholder is bound by a criminal conviction against that shareholder when the conviction arose out of the shareholder's acts on behalf of the corporation," U.S. District Judge Gerald McHugh of the Eastern District of Pennsylvania wrote.
February 21, 2023 at 01:24 PM
6 minute read
Litigation
A federal judge in Pennsylvania has ruled that a company name may not be used as a "corporate disguise" for a convicted plaintiff to enforce a contract that was previously found to have been secured via bribery.
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