Cedric Kushner Promotions, Ltd., a corporation that promotes boxing events, sued Don King, the president and sole

Question:

Cedric Kushner Promotions, Ltd., a corporation that promotes boxing events, sued Don King, the president and sole shareholder of Don King Productions, a corporation that also promotes boxing events. The lawsuit against King claimed that King conducted boxing-related events in violation of the Racketeer Influenced and Corrupt Organizations Act (RICO). The district court dismissed the case, and the appeals court affirmed the reasoning that Don King was not acting as a separate "person"from the corporation, Don King Productions. If no separation exists between the corporation and the person, then RICO does not hold. The case was appealed to the Supreme Court. How should the Court resolve this dispute? Why? How does the Court determine if a separation exists between the corporation and the person? Cedric Kushner Promotions, Ltd. v. Don King, 121 S. Ct. 2087 (2001).

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

The Legal Environment of Business A Critical Thinking Approach

ISBN: 978-0132664844

6th Edition

Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne

Question Posted: