BETHLEHEM STEEL CORP. v. GIESE

Nos. 59386, 59587.

681 P.2d 769 (1984)

BETHLEHEM STEEL CORPORATION, Appellant, v. Gene E. GIESE and Lee M. Holmes, Appellees, and Gloria Giese, Appellee, and Leaf Incorporated, a corporation, (Defendant).

Supreme Court of Oklahoma.

May 22, 1984.


Attorney(s) appearing for the Case

Ames, Daugherty, Black, Ashabranner, Rogers & Fowler by William B. Rogers, Richard A. Resetaritz, Gordon H. Rowe III, Oklahoma City, for appellant.

Morgan & Morgan, Inc. by Larry A. Morgan, Oklahoma City, for appellees Gene E. Giese and Lee M. Holmes.

Warren, Ricks & Associates, P.C. by Glenn E. Ricks, Oklahoma City, for appellee Gloria Giese.


HODGES, Justice.

The determinative issue in this appeal is whether the reinstatement of a corporation, after suspension for failure to pay franchise tax under 68 O.S. 1981 § 1212, wipes out the personal liability of corporate officers and directors for debts incurred following suspension and before reinstatement.1 The question has been answered in the negative in a prior opinion which we...

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