piercing the corporate veil
and vicarious liability are ex post
This, however, is an odd time for the court to be granting special protections, since the circumstances that allow for piercing the corporate veil
is generally regarded as abusing the corporate privilege, in other words, misconduct.
The decision in Hall contradicts prior Federal Circuit decisions, which found corporate executives could be liable for inducing infringement without any need to pierce the corporate veil
The Court rejected that argument, finding insufficient evidence to "pierce the corporate veil
," especially where, as here, the Government agreed that Kolon had observed the required corporate formalities.
There is no corporate veil
to protect consolidated income statements and balance sheets.
When DoT ( department of telecome) raised queries about the eligibility of the company, you accusedC* knowing fully well that BPL Mobile Communications ( later renamed Loop Telecom) was fully owned/ controlled by Essar Group under a complex corporate veil
created by you all, intentionally made false representation through your employees," the court said.
The Commissions said because of the clear legislative intent to pierce the corporate veil
and reach agents who were shielded by limited liability, it is reasonable to conclude that Congress, if given the opportunity, would have explicitly included LLCs within the scope of section 110(c) as entities that shield their agents from personal liability.
As a shareholder I'd be safe behind that corporate veil
, the limitation in limited liability whereby the company is liable for its debts, not me as its owner.
Will the CCI go behind the corporate veil
and declare certain takeovers as kosher and some not so?
4) It is difficult, if not impossible, to give a precise approach to all situations in which the corporate veil
may be pierced.
Ironically, The Register-Guard had no problem piercing the corporate veil
to talk directly to Pinto about the case.
If someone sues your corporation for damages or debt that far exceed the corporation's assets, then their lawyer is probably going to try to find a legal basis to push aside the protection and pierce the corporate veil