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Piercing the veil. This is not a lemonade stand going under. Here, "Liabilities" correspond to dead bodies. In the thousands.
by throwawayjava 7y ago
Piercing the veil. This is not a lemonade stand going under. Here, "Liabilities" correspond to dead bodies. In the thousands.
- jeffdavis 7y agoWhat law permits this now; or are you proposing a new law? If so, how would it work?
- YokoZar 7y agohttps://www.law.cornell.edu/wex/piercing_the_corporate_veil https://www.law.cornell.edu/wex/piercing_the_corporate_veil > "Piercing the corporate veil" refers to a situation in which courts put aside limited liability and hold a corporation's shareholders or directors personally liable for the corporation’s actions or debts.
- pkaye 7y agohttps://en.wikipedia.org/wiki/Piercing_the_corporate_veil https://en.wikipedia.org/wiki/Piercing_the_corporate_veil