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Corporate Veil Alter Ego Corporate Liability

Butler Snow LLP

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

Butler Snow LLP on

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

Allen Matkins

Nevada’s Secretary of State Concatenates Veil Piercing, Indemnification And Exculpation

Allen Matkins on

The Nevada Secretary of State’s website unabashedly proclaims “Nevada is the second most popular commercial filing jurisdiction in the country, due largely to our favorable business laws and low-tax environment.” The website...more

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