Search for: "Veil Corporate, LLC"
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30 Jan 2011, 6:29 am
That protection against shareholders being held liable for the corporation's obligations is sometimes called a liability shield or a corporate veil, and it doesn't exist for sole proprietorships or general partnerships. [read post]
5 Dec 2010, 9:32 am
Professor Stephen Bainbridge posts here about his scholarly writings in which he argues in favor of abolishing the doctrine of piercing the corporate veil, especially in the LLC context. [read post]
3 Dec 2010, 2:17 pm
In Abolishing LLC Veil Piercing, I likewise argued that: Courts are now routinely applying the corporate law doctrine of veil piercing to limited liability companies. [read post]
15 Nov 2010, 8:12 pm
The dissenting opinion should also be of interest, because it discusses the remedies that may be available to judgment creditors in the context of both single member and multi-member LLCs- an order of insolvency of the judgment debtor, an order piercing the corporate veil of the LLC and attaching its property, and an order seeking judicial dissolution of the LLC. [read post]
10 Nov 2010, 3:26 pm
The Court of Appeals determined that there is no genuine issue of material fact regarding whether Empower’s or Hamsa’s corporate veil should be pierced. [read post]
3 Nov 2010, 11:55 am
In that case there is no "corporate veil" to pierce. [read post]
3 Nov 2010, 11:55 am
In that case there is no "corporate veil" to pierce. [read post]
2 Nov 2010, 12:17 pm
The conflation of LLCs and corporations has led to serious doctrinal errors, as I explain in Abolishing LLC Veil Piercing: Courts are now routinely applying the corporate law doctrine of veil piercing to limited liability companies. [read post]
21 Oct 2010, 5:30 am
I attended depositions and whispered in their ear or passed notes to guide them in laying the foundation for piercing the corporate veil. [read post]
15 Oct 2010, 8:03 am
Washauer was operating MBW at his leisure and discretion,” and that the corporate veil should be pierced. [read post]
13 Oct 2010, 8:41 am
Moreover, copyright infringement has joined a small cadre of causes of action that may sidestep (or “pierce the veil”) of a corporation or LLC (these other causes include: fraud, gross negligence, or criminal acts.) [read post]
6 Oct 2010, 6:19 am
However, this line becomes more clear cut, and courts will as a result hesitate to “pierce the corporate veil” and hold an individual liable for the LLC’s debts, when corporate formalities like having an operating agreement are complied with. [read post]
28 Sep 2010, 6:19 am
Second, regardless of what anyone says, even LLC owners need to do it, not just owners of corporations (please keep reading, I’ll discuss LLCs a bit later). [read post]
27 Sep 2010, 1:38 pm
On the subject of LLC veil piercing, see my article Abolishing LLC Veil Piercing, which argues that: Courts are now routinely applying the corporate law doctrine of veil piercing to limited liability companies. [read post]
14 Sep 2010, 4:44 am
Therefore, you need to protect yourself from liability by following certain "corporate formalities," whether you have formed an LLC or a corporation. [read post]
23 Aug 2010, 11:11 am
Harb Development, LLC (The plaintiffs . . . brought this action against the defendants . . . and its principal . . . [read post]
20 Aug 2010, 9:42 am
Second, the corporate veil may be pierced where one forms a corporation or LLC for the purpose of insulating personal assets, insulating the assets of another business or for some other unjust purpose. [read post]
12 Aug 2010, 8:51 am
A party seeking to pierce the corporate veil bears the burden of establishing that the corporate form should be disregarded. [read post]
26 Jul 2010, 4:42 pm
” A.R.S. 29-651 The mere fact that a person is a member of a corporation does not completely avail them of avoiding future liability when two specific exceptions apply: “piercing the corporate veil” or “alter ego” theory of liability. [read post]
22 Jul 2010, 6:48 pm
LLC or corporation. [read post]
