[Download] "Penasquitos Inc. V. Superior Court Of San Diego County" by Supreme Court Of California " Book PDF Kindle ePub Free
eBook details
- Title: Penasquitos Inc. V. Superior Court Of San Diego County
- Author : Supreme Court Of California
- Release Date : January 11, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 80 KB
Description
A California corporation may dissolve by following the procedure set forth in the Corporations Code. After it has dissolved, a corporation, although no longer permitted to do business as a going concern, continues to exist for purposes of winding up its affairs and, in particular, for discharging obligations and defending lawsuits. The question we face in this case is whether homeowners may bring suit for construction defects against the corporations that graded the lots and built the homes, when those corporations had dissolved before the homeowners' discovery of the construction defects.