Legal Question in Civil Litigation in Florida

Loss of a defendant

Civil lawsuit filed.

Seller #1 Plaintiff Individual

Seller #2 Plaintiff Individual

vs.

Buyer #1 Corporation Defendant/Counter-Plaintiff

Buyer #2 Individual Defendant/Counter-Plaintiff

Buyer #2 as sole shareholder of corporation filed bankruptcy. Filed Articles of Dissolution with Secretary of State.

Can Buyer #2, Individual proceed to mediation and ask for a summary judgment since corporation is dissolved?


Asked on 9/23/03, 4:06 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

Re: Loss of a defendant

While dissolution is no defense, it generally means the corporation has no assets.

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Answered on 9/23/03, 5:18 pm


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