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Home / Opinion Digests / Corporate / Corporate – Piercing the Veil – Amalgamation of Interests – Manager’s Ownership Accrual (access required)

Corporate – Piercing the Veil – Amalgamation of Interests – Manager’s Ownership Accrual (access required)

  The court formally recognizes the amalgamation of interests, or single business enterprise, theory for piercing the corporate veil. However, (1) the trial court overlooked the fact that the corporations in question were S-corporations, which are allowed to overlook corporate formalities; (2) the trial court failed to assign the burden of proof to plaintiff, as the ...

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