Introduction II. Four Novel Threats To Limited Liability III. The First Circuit's Single Business Enterprise Theory Is Unique A. Traditional Veil-Piercing 1. Underlying Policies 2. Standard Doctrine B. The First Circuit's Single Business Enterprise Theory C. Traditional Veil-Piercing vs. the First Circuit's Single Business Enterprise Theory D. Recent Developments of the First Circuit's Single Business Enterprise Theory IV. Analysis Of The First Circuit's Single Business Enterprise Theory A. Poor Legal Methodology 1. The 18-Factor Test is Based on the Misapplication of Previous Jurisprudence a. Baker v. Raymond International, Inc. b. Glenn v. Wagner c. Paramount Petroleum Corp. v. Taylor Rental Center 2. The First Circuit's Single Business Enterprise Theory vs. Texas's Single Business...
... of Louisiana corporate law on piercing the corporate veil of a limited liability company....
... litigation, the business judgment rule, and veil piercing in which courts have applied corporate la...
In a stressed economy, creditors facing challenges collecting bad debts often want to reach into the deeper pockets of their customers' shareholders and owners. Collecting from people involved in limited liability companies can be frustrating because these entities limit the amount the owners and investors can lose; if the company hits hard times, the law protects these individuals from being held personally liable for their organization's debts and obligations. It essentially places a veil of protection over them. "Piercing the veil" is a metaphor for the judicial doctrine that permits a plaintiff to hold otherwise immune corporate shareholders personally liable for the debts owed by that corporation. The goal isn't to undermine protection from liability; piercing the veil requires tha...
Earlier this month, Capitol/EMI released "An Introduction to Syd Barrett," a gorgeously rendered collection of songs representing the finest of the Pink Floyd founder's musical achievements. That the songs included here are all culled from a roughly four- year period now 40 years in the past -- and that the "An Introduction" in the title might suggest a primer in the writings of a young, contemporary artist -- are ironies befitting a project bearing Barrett's name. His is one of the most unusual stories to have emerged from what might loosely be referred to as "the rock era.
... "A Very Irregular Head" involved piercing through the veil of myth surrounding Barrett's li...
... of Louisiana corporate law on piercing the corporate veil of a limited liability company....
... that an attempt to pierce the corporate veil under English law, in order to "follow the money" .... TRADING . Piercing The Corporate Veil And Chabra Injunctions - Clarif...
A U.S. utility patent confers on its holder the limited right to exclude others from practicing the patent's claimed subject matter. This right is guaranteed by granting patentees a broad right to pursue a federal civil action to recoup the lost economic benefit of an infringed invention. However, while patentees can, and often do, bring infringement actions against corporate defendants, their ability to join the corporate participants-the owners and agents of the corporation-has been seriously limited by the U.S. Court of Appeals for the Federal Circuit. Such a narrow view of corporate-participant liability has little basis in traditional principles of agency and corporate law. This Note illustrates the Federal Circuit's deviations from the more conventional approach and highlights som...
...- a doctrine colloquially referred to as "piercing the corporate veil."42. In addition to situations ...
This article suggests that statutes governing both corporations and limited liability companies should require all owners to read several warnings about the dangers of a lack of advance planning before starting a business, or before purchasing an equity interest in an existing closely held business. Part I of this article reviews the current landscape of available business forms and details the many ways in which the majority owners of a business can take advantage of the minority owners. Part I also reviews the many ways in which the minority owner could have protected himself -- if he had the foresight to do so. Part II then reviews the main statutory and judicial responses to the problem of minority owner oppression and discusses their inadequacy. After discussing some other suggesti...
... liability (at least outside of a "piercing the corporate veil" claim24). The worst that likel...
... Arbitrage," 1 Wachovia Securi- ties raised veil piercing and fraudulent transfer claims. That was ...
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