Piercing the Corporate Veil: Prevention & Litigation

  • Class: Piercing the Corporate Veil: Prevention & Litigation
  • Run Time: 67 Minutes
  • Catalog: General
  • Presenter(s): Benjamin C. Knuth
  • Class Type: OnDemand Training
  • Content Provider: LexisNexis

Description

While perhaps the primary benefit of the corporate form is to shield shareholders from personal liability for the actions or inactions of the company, the courts have developed the equitable remedy of “veil piercing” to ensure that justice is done when the facts so require. There are various articulations of the principle, and jurisdictions have differing levels of interest in allowing veil piercing claims. As such, it is critical for both transactional attorneys and litigators to have a deep understanding of: 1) the law on veil piercing in key jurisdictions; and 2) best practices to help clients avoid the risk of a successful veil-piercing claim, or alternatively, facts that may be used by litigators to support a veil-piercing claim. This seminar will provide an overview of the current law regarding veil-piercing in key jurisdictions, including New York, New Jersey and Delaware, summarize key facts/circumstances that may give rise to a veil-piercing claim, and ensure that all attendees are equipped with the skills they need to learn more via research resources at their disposal.

CLE Information

CLE Credit Available

State Accreditation

State Status Total Credits Type Of Credit Approved Thru
Alaska Approved 1.10 General On-going
Arizona Approved 1.00 General On-going
California Approved 1.00 Participatory 06/07/2022
Colorado Approved 1.00 General 06/07/2022
Connecticut Approved 1.00 General 06/07/2022
Florida Approved 1.50 General 05/01/2019
Georgia Approved 1.00 General 12/31/2018
Hawaii Approved 1.00 General 06/07/2019
Idaho Approved 1.00 General 06/07/2022
Illinois Approved 1.00 General 09/30/2019
Kentucky Approved 1.00 General 06/30/2019
Maine Approved 1.11 General 05/31/2019
Missouri Approved 1.30 General On-going
Nebraska Approved 1.12 General 06/08/2019
Nevada Approved 1.00 General 12/31/2020
New Hampshire Approved 1.10 General 06/07/2020
New Jersey Approved 1.00 General 06/07/2022
New Mexico Approved 1.10 General 06/07/2022
New York Approved 1.00 Skills On-going
North Carolina Approved 1.00 General 12/31/2018
Ohio Approved 1.00 General 12/31/2018
Oregon Approved 1.00 General 09/30/2020
Pennsylvania Approved 1.00 General 09/30/2019
Vermont Approved 1.12 General On-going
Virginia Approved 1.00 General 10/31/2018
Washington Approved 1.00 General 06/07/2022
West Virginia Approved 1.34 General On-going
Wisconsin Approved 1.00 General 12/31/2018
Price: $99.00 Add To Cart{"prodid": "32809","type":"class","course":"686"}

Class Information

    This CLE accredited course is designed to provide a conceptual overview of the “corporate veil” and related public policy considerations. Our presenter will summarize the various articulations for recovery under this remedy, variations on the theme and will demonstrate how you can employ resources at your disposal to evaluate the relevant law and facts in practice.

Prerequisites