Justin Mills
Business Law
• Comedy Cottage Inc. v. Bark;
o The court’s ruling was that Bark had breached his fiduciary duty and
thus the court blocked him from operating a new club at the former
premises of the comedy club. I agree with this decision because Berk
was the GM and eventually became a 10% owner of the business and
he did not have the power to lease the property in his name. Berk
pretty much forced Hellenbrand and his wife out of the business
because they now had nowhere to operate it.
• Geringer v. Wildhorn Ranch, Inc.
o In this ruling the court found that the corporation was essentially the
alter ego of Watters and assessed damages to Watters personally. I
completely agree with the court’s decision because the land that the
ranch was operating on was personally deeded to Watters, not the
corporation. He was also using his profitable companies to pay off the
debts of his non-profitably companies, which can be illegal. He was
using his corporation to benefit his personal wealth and should be held
liable for the 2 deaths.
Piercing the corporate vail
• Securities and Exchange Commission v. Glenn W. Turner Enterprises.