A corporation is a separate legal entity. This status normally insulates its owners or shareholders from personal liability for the corporation’s obligations. But Texas law recognizes exceptions to ...
The Texas Business Court continues to show it will enforce statutory limits on entity liability and scrutinize early pleadings under Rule 91a.
The original version of this story was published on The Legal Intelligencer In its simplest form, the piercing of the corporate veil is an equitable remedy available to the creditors of corporate ...
Most practitioners are familiar with the concept of piercing the corporate veil, but the nuances of this area of law can still mystify even the most seasoned litigators. Because veil piercing is a ...
Federal prosecutors pursuing big cases in the corporate world often go after those at the top, as the recent trial headlines about chief executives charged with white-collar crimes attest. On a less ...
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The legal theory known as reverse veil piercing posits that the assets of the BKS entities would be available to satisfy the judgment against their owner. This theory is distinguished from, and is the ...
A trademark dispute at the US Supreme Court between two property developers could have implications for how many parties plaintiffs must sue in trademark cases when they try to maximise damages. The ...