3 ms·
A court can pull back the corporate veil, and penalize the shareholder(s) or director(s) of any company if these individuals are deemed to have been using the c
by nickff 13y ago
A court can pull back the corporate veil, and penalize the shareholder(s) or director(s) of any company if these individuals are deemed to have been using the company's separate legal personality for the purpose of wrongdoing.
- scott_s 13y agoThis is a point that I think technical people miss: the law does not execute like code. Humans are in the loop, and are allowed to apply their own judgement.
- andrewfong 13y agoThis can be hard to win in practice though, especially if the infringing party's lawyers do a good job of maintaining the fiction that the corporation is a separate entitiy.