piercing the corporate veil

Piercing the Corporate Veil Litigation

Among many tactics used in commercial debt litigation to collect unpaid debt is “Piercing the Corporate Veil.” In simple terms, veil piercing is a situation in which courts put aside limited liability afforded by   corporate structure and holds a corporation’s shareholders or directors personally liable for the corporation’s actions or debts. It is most commonly … Continue reading Piercing the Corporate Veil Litigation