Corporate Officer and Employee Not Liable for Corporation Debt
On January 24, TDR won an appeal in the Illinois Appellate Court, First District, in a case where a judgment creditor attempted to hold a corporate officer and a corporate employee personally liable for a judgment against the corporation (Hayward v. Scorte, 2020 IL App (1st) 190476). TDR partners Gino L. DiVito, John M. Fitzgerald and Amanda N. Catalano represented the two individual appellants, and the judgments against TDR’s clients were reversed. “The appellate court’s opinion confirms existing statutory procedures governing judgment enforcement and collection procedures and vindicates the fundamental principle that a corporation is a separate entity from its officers and employees,” said TDR partner John Fitzgerald. “Our clients are pleased with the Appellate Court’s ruling.”
TDR regularly represents clients in high-stakes appeals in business and commercial disputes.