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Hyundai-Wai Machine Am. Corp. v. Rouette (In re Rouette)

Hyundai-Wai Machine Am. Corp. v. Rouette (In re Rouette)

Ruling
Nondischargeability proceeding dismissed as to breach of fiduciary duty where debtors owed no duty to creditor as owners, officers and directors of corporation.
Issue(s)
Did debtors, sole shareholders, directors and officers of a corporation, breach a fiduciary duty to creditors that would make debt owed by the corporation nondischargeable if the corporate veil were pierced.

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Consumer opinion summary, case decided on October 22, 2013 , LexisNexis #1113-047