Archive for July 11th, 2007

Reverse Piercing And The Myth Of Limited Liability – Beware Of The Alter Ego

Wednesday, July 11th, 2007

A novel situation has presented itself in recent court decisions. In 2004, the New York Court of Appeals ruled in favor of granting a new type of remedy, reverse piercing. Piercing the corporate veil is a fancy way of saying that the shareholders of an entity are personally ...