Taylor v. Standard Gas & Electric Co.
id:
taylor-v-standard-gas-electric-co-300-5037992
title:
Taylor v. Standard Gas & Electric Co.
text:
Taylor v. Standard Gas and Electric Company, 306 U.S. 307 (1939), was an important United States Supreme Court case in United States corporate law that laid down the "Deep Rock doctrine" as a rule of bankruptcy and corporate law. This holds that claims, as creditors, upon an insolvent subsidiary company by controlling shareholders or other insiders, like managers or directors, will be subordinated to the claims of all other creditors.
brand slug:
wiki
category slug:
encyclopedia
description:
1939 United States Supreme Court case
original url:
https://en.wikipedia.org/wiki/Taylor_v._Standard_Gas_%26_Electric_Co.
date created:
date modified:
2023-09-13T03:10:34Z
main entity:
{"identifier":"Q7690205","url":"https://www.wikidata.org/entity/Q7690205"}
image:
fields total:
13
integrity:
14