How would the court classify Chickasaw Club, Inc.Would the corporation likely have the power to engage in this activity? Explain. Suppose that the club extended credit to its regular patrons in an effort to maintain a loyal clientele, although neither the articles of incorporation nor the corporate bylaws authorized this practice.Would the court be likely to rule that Sharp is personally liable to Dancause on that basis? Why or why not? Suppose that Chickasaw’s articles of incorporation failed to describe the corporation’s purpose or management structure as required by state law.Under what theory might the court in this case make an exception to the limited liability of share-holders and hold Sharp personally liable for the damages? What factors would be relevant to the court’s decision?. Using the information presented in the chapter, answer the following questions. Joseph Dancause, Pursley’s stepfather, filed a tort lawsuit against Chickasaw Club and William Sharp. Sharp maintained a corporate checking account but paid the club’s employees, suppliers, and entertainers in cash out of the club’s proceeds. Shortly afterward, Pursley lost control of her car, struck a tree, and was killed. William Sharp was the sole shareholder and manager of Chickasaw Club, Inc., an S corporation that operated a popular nightclub of the same name in Columbus, Georgia. Pursley drank more alcohol at Chickasaw and was visibly intoxicated when she left the club at 3:00 a.m. Chickasaw employees did not check Pursley’s identification to verify her age, as required by a city ordinance. on July 31, eighteen-year-old Aubrey Lynn Pursley, who was already intoxicated, entered the Chickasaw Club. He rented it to the club but made mortgage payments out of the club’s proceeds and often paid other personal expenses with Chickasaw corporate funds.Īt 12:45 a.m. Trejo argued that court-appointed attorney Daniel O’Brien, had not represented Trejo adequately, failing to inform him of the difference in his charges and not presenting him with any alternative defense besides offering a plea. Sharp owned the property on which the club was located. 2, Trejo appeared before Judge William Sharp requesting a new attorney and removal of a guilty plea submitted in October. William Sharp was the sole shareholder and manager of Chickasaw Club, Inc., an S corporation that operated a popular nightclub of the same name in Columbus, Georgia.
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