PALMER v. MURPHY

No. 95-P-747.

42 Mass. App. Ct. 334 (1997)

JAMES R. PALMER, individually and as executor, v. HAROLD B. MURPHY, trustee, & others (and a companion case).

Court of Appeals of Massachusetts, Suffolk.

March 21, 1997.


Attorney(s) appearing for the Case

Walter H. Mayo, III for Joseph E. McCallion & others.

Amy J. Axelrod (R. David Beck with her) for James R. Palmer.

Present: BROWN, GILLERMAN, & IRELAND, JJ.


IRELAND, J.

In this case of corporate wrongdoing, involving the skimming of corporate assets by the three former officers, directors, and shareholders of a close corporation that is now in bankruptcy, the parties have filed cross appeals from a final judgment of the Superior Court in consolidated actions. In the first action (Palmer case), James R. Palmer sued Fayette Corporation (Fayette) and its two other shareholders, James E. Rafferty and Joseph E. McCallion ...

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