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August 2017 Archives

Disregarding Company Separateness Cancels Loan

In Mountain Air Enterprises, LLC v. Sundowner Towers, LLC, decided on July 31, 2017, the California Supreme Court upheld a Marin County trial court decision, that the integration clause in an agreement between the plaintiff and the owners of a company, cancelled a completely separate loan agreement between the plaintiff and the company, when the company was determined to be the alter ego of those owners.