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Suits from the crypt.

Suits From The Crypt

Some may ask how a functionally dead corporation can sue Wallace in the first place.

The corporate entity renegotiated its lease obligations with the TCBY Tower last year after shifting its assets from WD&D to Dover & Dixon.

The plaintiff's attorney, David Powell, assures us that Wallace Dover & Dixon -- under the direction of liquidating agents Darrell Dover, Charles Reynolds and Dean Overstreet -- is "technically still alive as far as pursuing claims."

Tough luck for Wallace, Penick and Flake.
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Title Annotation:legal question as to how a dead corporation, Wallace Dover & Dixon, can still file a suit
Publication:Arkansas Business
Date:Jul 8, 1991
Words:82
Previous Article:Dirty legal laundry.
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