Business Associations Keyed to Hamilton
Radaszewski v. Telecom Corp.
Radasazewski (P) was severally injured in an auto-accident with an employee of Contrux, Inc. A wholly owned subsidiary of Telecom (D). Radaszewski (P) seeks to pierce the corporate veil for Telecom Corp (D), by claiming Contrux was under capitalized. Contrux originally had enough basic and excess liability insurance to cover Radaszewski’s (P) damages, but two years after the accident, the excess liability insurance carrier became insolvent. The district court dismissed the complaint, claiming it lacked jurisdiction. Plaintiff appealed.
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Procedural Posture & History:Shares the case history with how lower courts have ruled on the matter.
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