American Family Insurance v. Dun Rite Construction Company and Jerry Hiero.
Suit was brought by Gary Leydig against an Illinois corporation and its president/sole shareholder for forgery and conversion of two drafts totaling $121,849.58. Defendants denied there had been any forgery or conversion of the drafts. The individual argued further that, even if there had been a conversion, it arose out of corporate conduct and could not result in personal liability. Following a bench trial, the Circuit Court Judge entered a Memorandum Decision and Judgment finding the drafts had been converted and further finding that the individual could not hide behind the veil of the corporation for his own tortious conduct. Accordingly, the Court entered judgment against the individual. Check here to see a copy of the Court’s ruling.