United States v. Jon-T Chemicals, Inc.
768 F.2d 686 (5th Cir. 1985)
A parent that ran its subsidiary's farm subsidies as its own money
- In one lineEn una línea
- Whether a parent is the alter ego of its subsidiary depends on the totality of control factors, not on formalities alone.Que una matriz sea alter ego de su filial depende del conjunto de factores de control, no solo de las formalidades.
- RuleRegla
- Factors include common stock ownership, common directors and officers, shared offices and employees, financing and undercapitalization by the parent, failure to observe formalities, and the parent's use of the subsidiary's property as its own; in fraud and tort cases the totality controls.
- Why this case is herePor qué está aquí este caso
- The Fifth Circuit's list of alter ego factors between parent and subsidiary, and the point that formalities are only one factor.
- Procedural posturePostura procesal
- The government sought to hold the parent liable for its subsidiary's fraudulent subsidy claims; the district court found alter ego; the Fifth Circuit affirmed.
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Say the answer out loud before revealing each part. Rate yourself honestly; the case comes back sooner when you miss.Di la respuesta en voz alta antes de revelar cada parte. Califícate con honestidad; el caso vuelve antes si fallas.
Panic kit: “Could you repeat the question, please?” · “Let me make sure I have the facts right: …” · “I'm not certain, but I'd argue … because …”Kit de pánico: “Could you repeat the question, please?” · “Let me make sure I have the facts right: …” · “I'm not certain, but I'd argue … because …”
How did it go?¿Cómo te fue?