LexisNexis®
University

Piercing the Corporate Veil: Prevention & Litigation

Run Time
67 Minutes
Presenter(s)
Benjamin C. Knuth
Class Type
On-Demand Training
Content Provider
LexisNexis

Price $99.00

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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.


See CLE State Accreditation for credit details.
If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via on-demand.

State Status Total Credits Type Of Credit Approved Thru
AlaskaApproved1.10GeneralOn-going
ArizonaApproved1.00GeneralOn-going
CaliforniaApproved1.00Participatory06/07/2022
ConnecticutApproved1.00General06/07/2022
FloridaApproved1.50General05/01/2019
GeorgiaApproved1.00GeneralOn-going
HawaiiApproved1.00General06/07/2019
IdahoApproved1.00General06/07/2022
IllinoisApproved1.00General09/30/2019
KentuckyApproved1.00General06/30/2019
MaineApproved1.11General05/31/2019
MissouriApproved1.30GeneralOn-going
NebraskaApproved1.12General06/08/2019
NevadaApproved1.00General12/31/2020
New HampshireApproved1.10General06/07/2020
New JerseyApproved1.00General06/07/2022
New MexicoApproved1.10General06/07/2022
New YorkApproved1.00SkillsOn-going
OregonApproved1.00General09/30/2020
PennsylvaniaApproved1.00General09/30/2019
VermontApproved1.12GeneralOn-going
VirginiaApproved1.00General10/31/2019
WashingtonApproved1.00General06/07/2022
West VirginiaApproved1.34GeneralOn-going