Dismissal of A Corporate Veil Piercing Claim

In this article, Joshua Fershee discusses a recent New York court dismissal of a veil piercing claim. Joshua points out how the claim was made by an LLC and not a corporation, which the Supreme Court’s Appellate Division, First Department, New York, determined was of “very sound reasoning.”

Dismissal of A Corporate Veil Piercing Claim

I often complain about courts and their unwillingness to require plaintiffs to make appropriate claims about veil piercing in the context of limited liability companies (LLCs). That is, courts too often allow plaintiffs to seek to “pierce the corporate veil” of LLCs, which (of course) do not have corporate veils. They have limited liability veils, but they are decidedly not corporate. I will complain about that again, but in the process, I will note that the court does a great job of general veil piercing analysis that is worthy noting.
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