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Piercing the Corporate Veil: Minimizing Alter Ego Liability for Subsidiaries, Affiliates, and Related Entities

Recording of a 90-minute CLE webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Thursday, October 31, 2019

Recorded event now available

or call 1-800-926-7926

This CLE course will examine the latest case law trends regarding piercing the corporate veil across several states. The panel will address the application of the doctrine to LLCs and best practices for litigating piercing the corporate veil cases.

Description

Litigants in business disputes often look beyond the corporation to related entities as potential sources of liability and recovery. Related entities include subsidiaries, affiliates, shareholders, partners, owners or directors.

A plaintiff's success with this approach, known as "piercing the corporate veil," hinges on whether the corporation engaged in wrongful behavior, failed to follow corporate formalities, was inadequately capitalized, or exercised an inappropriate degree of control over the related entity.

Many businesses have formed as LLCs over the past several years as a strategy to protect themselves from alter ego liability. However, LLCs are also facing veil-piercing claims in increasing numbers.

Listen as our authoritative panel explains the circumstances under which a corporate veil can be pierced to find alter ego liability and how the doctrine applies to LLCs. The panel will discuss considerations and best practices for corporations and related entities defending alter ego liability claims.

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Outline

  1. Latest case law trends regarding piercing the corporate veil claims
  2. Application of doctrine to LLCs
  3. Litigating piercing the corporate veil cases

Benefits

The panel will review these and other key issues:

  • What factors do courts look at in applying the piercing the corporate veil doctrine?
  • Are there essential differences between the methods for piercing the veil of a corporation versus an LLC?
  • What are some key considerations and best practices for corporations and related entities defending alter ego liability claims?

Faculty

Lipman, Matthew
Matthew A. Lipman

Partner
McElroy Deutsch Mulvaney & Carpenter

Mr. Lipman ​focuses his practice on complex litigation matters, particularly those involving commercial and banking...  |  Read More

Rozansky, Nicholas
Nicholas A. Rozansky

Partner
Brutzkus Gubner

Mr. Rozansky leverages his extensive litigation and business experience to serve as outside general counsel to...  |  Read More

Access Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

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