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Full-Text Articles in Law
Measure Of Damages For Fraud In The Sale Of Real Property
Measure Of Damages For Fraud In The Sale Of Real Property
Indiana Law Journal
Recent Case Notes
The Right Of Subsequent Creditors To Set Aside A Fraudulent Conveyance, M. E. L., E. W. E.
The Right Of Subsequent Creditors To Set Aside A Fraudulent Conveyance, M. E. L., E. W. E.
West Virginia Law Review
No abstract provided.
Corporations - Parent's Liability For Subsidiary's Obligations, Michigan Law Review
Corporations - Parent's Liability For Subsidiary's Obligations, Michigan Law Review
Michigan Law Review
A parent corporation owned all the stock of a subsidiary which it had organized to hold real estate, its own business being mercantile. The directors and officers of both corporations were identical. The subsidiary sublet premises for ninety-nine years, in turn leasing them to the parent for ten years. Improvements were made in accordance with the subsidiary's contract, and "leasehold trust certificates" were issued by an assignee of the underlying lease. The parent quit the premises before the expiration of its lease, but paid the rent for the whole period. The subsidiary then defaulted on the ninety-nine year lease, having …