Tag Archives: Pierce the Corporate Veil

Three Ways a Disgruntled Customer, Client, or Member May “Pierce the Corporate Veil”

“Piercing the corporate veil” is a term that refers to a legal action brought against a company that eventually results in the members assuming liability for a wrongdoing. The “veil” is the business entity, and it serves to protect owners’, shareholders’, and members’ assets and bank accounts from being sized for repayment of a… Read More »