A corporation is a separate legal entity. This status normally insulates its owners or shareholders from personal liability for the corporation’s obligations. But Texas law recognizes exceptions to ...
Most practitioners are familiar with the concept of piercing the corporate veil, but the nuances of this area of law can still mystify even the most seasoned litigators. Because veil piercing is a ...
As a Texas LLC owner, member, or manager, you've made a strategic choice to separate your business and personal finances through a limited liability company structure. This critical legal barrier ...
Commercial Landlord-Tenant—Plaintiff Permitted To Pierce the Corporate Veil—Majority Found “Dominance” and “Wrongful or Inequitable” Conduct—Dissent Asserted That Conduct Was Neither Wrongful Nor ...
A trademark dispute at the US Supreme Court between two property developers could have implications for how many parties plaintiffs must sue in trademark cases when they try to maximise damages. The ...
The legal theory known as reverse veil piercing posits that the assets of the BKS entities would be available to satisfy the judgment against their owner. This theory is distinguished from, and is the ...
Exela Technologies, Inc., is a business automation company which has numerous subsidiaries. Some of these subsidiaries in multiple layers. One of these subsidiaries, SourceHOV Holdings, Inc. XELA, ...
June 4, 2021 - A recent decision from the Delaware Chancery Court has established, for the first time, that the remedy of reverse veil-piercing is recognized under Delaware law. The decision, ...
In China, the legal personality of limited companies generally protects shareholders and legal representatives from debts entered into, or liabilities imposed on a company. However, in a recent ...
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