5th Circuit: Judgment Stands; Company Owner Liable Under Alter-Ego Theory

NEW ORLEANS - A panel of the Fifth Circuit U.S. Court of Appeals on June 15 ruled that a personal injury judgment against the owner of a company that filed for Chapter 11 bankruptcy was valid because the individual was the alter ego of the company (Abraham Flores v. Lorance W. Bodden,  No. 11-40557, Chapter 11, 5th Cir.; 2012 U.S. App. LEXIS 12210).

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