PLOTKIN, Judge.
This case requires this court to interpret two provisions of Louisiana's corporation law: La.R.S. 12:55(A), which prohibits a corporation from purchasing or redeeming its shares when it is insolvent or when the purchase or redemption would render it insolvent, and La.R.S. 12:93(D), which imposes liability for corporate debts on shareholders who receive an unlawful distribution of assets. A sub-issue is whether an unlawful distribution of corporate...
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