- piercing the veil of corporate entity
- See disregarding corporate entity.
Ballentine's law dictionary. Anderson, W.S.. 1998.
piercing the veil of corporate entity
Look at other dictionaries:
piercing the veil — A judicial doctrine that allows a plaintiff to hold otherwise immune corporate shareholders personally liable for the debts of or damages caused by a corporation under their control. The corporate veil can be pierced when shareholders have acted… … Law dictionary
Piercing the corporate veil — or lifting the corporate veil is a legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders or directors. Usually a corporation is treated as a separate legal person, which is solely… … Wikipedia
Corporate law in the United States — is a collection of over 50 different systems of corporate law, or one law for each state. Two sources of law are, however particularly important: the Model Business Corporation Act (MBCA), drafted by the American Bar Association was influential… … Wikipedia
disregarding the corporate entity — See: piercing the veil Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc. Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 … Law dictionary
disregarding corporate entity — Treating a corporation and the individual or individuals owning all its stock as identical; graphically stated, piercing the veil of the corporate entity. Anno: 1 ALR 610; 34 ALR 597 … Ballentine's law dictionary
disregard of corporate entity — To treat a corporation as if it did not exist for tax or certain other liability purposes. In such event, each shareholder would account for an allocable share of all corporate transactions possessing tax or other liability consequences. See also … Black's law dictionary
disregard of corporate entity — To treat a corporation as if it did not exist for tax or certain other liability purposes. In such event, each shareholder would account for an allocable share of all corporate transactions possessing tax or other liability consequences. See also … Black's law dictionary
Corporate veil in the United Kingdom — The corporate veil in the United Kingdom is a metaphorical reference used in UK company law for the concept that the rights and duties of a corporation are, as a general principle, the responsibility of that company alone. Just as a natural… … Wikipedia
Corporate law — (also company or corporations law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm.… … Wikipedia
corporate — cor·po·rate 1 / kȯr pə rət/ adj: of or relating to a business corporation corporate 2 n: a bond issued by a business corporation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
