Maryland's appellate courts preserve the corporate shield against efforts to pierce the corporate veil


Maryland remains one of the toughest jurisdictions for plaintiffs seeking to pierce the corporate veil and impose personal liability on corporate owners for contract debts. Maryland has long recognized an equitable claim to pierce the corporate veil in order to "enforce a paramount equity," while acknowledging that the fact pattern justifying the remedy is extremely rare. In fact, it may be near impossible to demonstrate a paramount equity in light of this recent decision.

LOADING PDF: If there are any problems, click here to download the file.