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NATIONAL ASS'N OF CREDIT MANAGEMENT v. BURKE

No. 81CA0767.

645 P.2d 1323 (1982)

NATIONAL ASSOCIATION OF CREDIT MANAGEMENT, Rocky Mountain Affiliate, Assignee, Plaintiff-Appellee, v. H. Patrick BURKE and Patrick F. McCarthy, Jr., Defendants-Appellants, and Burmac Ltd., an Iowa corporation, d/b/a Happy Joe's; and Richard Moree, Defendants.

Colorado Court of Appeals, Div. III.

April 15, 1982.

Attorney(s) appearing for the Case

J. D. Pearson, Denver, for plaintiff-appellee.

Joseph R. Coyte, Fort Collins, for defendants-appellants.

KIRSHBAUM, Judge.

Defendants, H. Patrick Burke and Patrick F. McCarthy, Jr., directors and officers of defendant, Burmac Ltd. (Burmac), an Iowa corporation, appeal that portion of the trial court's judgment holding them personally liable on one of Burmac's corporate debts. No appeal is taken from that portion of the judgment holding Burmac liable to plaintiff. We reverse as to these individual defendants.

The record reveals the following facts. In 1976 Burmac...

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