Aug 5, 2021
Piercing the Corporate Veil
The so-called corporate veil is the legal designation of a limited liability company (LLC). The LLC designation is what offers business owners protection from legal responsibility for the company. When...
piercing the corporate veil
Apr 29, 2020
LLC Status and Personal Liability Lawsuits
Many business owners mistakenly believe that they cannot be held personally liable for actions that were committed by or through their company. Although setting up your business as a separate legal...
Mar 4, 2019
Banking and the Small Business Owner
The Corporate Veil: Don’t pierce it! “Piercing the Corporate Veil” refers to the situation when a court puts aside the protections that are normally associated with an incorporation. The very...
May 5, 2016
Morrissey and Piercing the Corporate Veil
Are You Protected? We see it happen a lot. A business will set up a LLC, assume they are totally shielded from personal
May 21, 2015
What is “Piercing the Corporate Veil” ?
LIABILITY Liability can be quite confusing to a small business. Do you know what you are personally liable for? What are the exceptions to liability? What is “piercing the corporate...