1543 Thomas v. Amalgamated Local Union 155

There was no legal basis for holding the owner of the business personally liable for the Company’s obligations to its six employees and no corporate assets available to pay those obligations. The only legal claim the Union could assert against the owner was that he wrongfully converted payroll deductions for Union dues and employee benefits to pay the debts of the Corporation. The Union satisfied its duty to its members by using this argument to obtain the relief provided in the closing agreement.