substantial adverse claimant
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 313 U.S. 215 - Sampsell v. Imperial Paper & Color Corp. · 1941Most cited · 691 citing opinions
Mere legal paraphernalia will not suffice to transform into a substantial adverse claimant a corporation whose affairs are so closely assimilated to the affairs of the dominant stockholder that in substance it is little more than his corporate pocket. A family corporation's adverse claim is merely colorable where the corporation is formed in order to continue the bankrupt's business, where the bankrupt remains in control, and where the effect of the transfer is to hinder, delay or defraud his creditors.
How often courts cite the case defining “substantial adverse claimant”
Court decisions citing the opinion that defined “substantial adverse claimant” — 691 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.