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Walkovszky v. Carlton Posted on March 18, 2014 I Business Law Tags: Business Lav

ID: 372560 • Letter: W

Question

Walkovszky v. Carlton Posted on March 18, 2014 I Business Law Tags: Business Lav Case Briefs FACTS: Walkovszky was severely injured 4 yrs, ago in NYC when he was run down by a cab owned by Carlton's Seon Cab Corporation and negligently operated at the time by the Defendant's Marchese. In his complaint Walkovszky alleged that Seon was one of 10 cab companies of which Carlton was a Share Holder (SH), and that each corp. had but 2 cabs registered in its name. The complaint, by this, implied that each cab corp. carried only the minimum auto liability insurance required by law ($10,000). It was further alleged that these corps. were operated as a single entity wlregards to financing, supplies repairs, employees, and garaging. Each corp. and its SH's were named as Defendants b/c the multiple corp. structure, Walkovszky claimed, constituted an unlawful attempt to "defraud members of the general public."

Explanation / Answer

Ans. Firstly Walkovszky was injured 4 years back but it is just common can happen due to mismanagement as ownership is provided to many other companies for one or two taxis among taxi fleet.

Secondly to defraud members of the general public is unlawful attempt and also carlton haven't mentioned that they are holding the cab n handling them according to their personal capabilities irrespective of the actual formalities.

Lastly inappropriate feedback is not the ultimate solution to everything. There must be proper amount or insurance amount provided to walkovszky