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Patton Sullivan Brodehl LLP

Local Government Agencies Can Be “Alter Egos” Too

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...Normally, a court will treat a business entity and its liabilities as separate and distinct from its owners. The alter ego doctrine allows the corporate veil to be pierced, and results in holding the owners liable for the...more

Patterson Belknap Webb & Tyler LLP

Second Department Applies De Facto Merger Doctrine and Veil Piercing in Recent Appeal

Patterson Belknap Webb & Tyler LLP on

Introduction and Background - On January 29, 2020, the Second Department affirmed a Suffolk County Commercial Division decision applying both the de facto merger doctrine and the veil piercing doctrine. ...more

Patton Sullivan Brodehl LLP

“Reverse Veil Piercing” to Reach an LLC’s Assets

Patton Sullivan Brodehl LLP on

“Piercing the corporate veil” — also referred to as “alter ego” liability — is a familiar concept under California law. Ordinarily, a corporation or other entity (such as an LLC) is considered a legal entity separate and...more

Butler Snow LLP

Yes, Virginia … You Can Pierce Your Own Corporation’s Veil

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Question: Can a 50% shareholder pierce her own corporation’s veil to impose liability upon the only other shareholder for an unsatisfied judgment in her favor against their corporation? Answer: Yes. The Tennessee Court...more

Blake, Cassels & Graydon LLP

Court of Appeal for Ontario Reaffirms Stringent Test for Piercing the Corporate Veil

Blake, Cassels & Graydon LLP on

In its recent decision in Yaiguaje v. Chevron Corporation, the Court of Appeal for Ontario (OCA) reaffirmed the principle of corporate separateness and confirmed the stringent requirements that must be proven in order to...more

Allen Matkins

California Court Green Lights Reverse Veil Piercing Of Delaware LLC

Allen Matkins on

Courts historically have applied the alter ego doctrine to “pierce the corporate veil” so that a shareholder may be held liable for the debts or conduct of the corporation. California has extended the possibility of alter...more

Blake, Cassels & Graydon LLP

Supreme Court of Canada Addresses Recognition, Enforcement of Foreign Judgments in Chevron Case

Blake, Cassels & Graydon LLP on

In a much anticipated ruling, the Supreme Court of Canada (SCC) has released its decision in Chevron Corp. v. Yaiguaje, addressing recognition and enforcement of foreign judgments. The SCC unanimously held that for a Canadian...more

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