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Terms for subject General containing piercing corporate veil | all forms | in specified order only
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doctrine of piercing the corporate veilдоктрина снятия корпоративной вуали (Under the doctrine of piercing the corporate veil, the courts may decide not observe the separation of the corporate entity from its stockholders, and it may deem the corporation's acts to be those of the persons or organizations actually controlling the corporation. This is based upon a finding by the court that the corporate form is used to perpetuate a fraud, circumvent a statute, or accomplish some other wrongful or inequitable purpose. uslegal.com Alexander Demidov)
pierce the corporate veilснять корпоративную вуаль (where a shareholder or director of a company may be held liable (=legally responsible) for a company's debts or liabilities despite the general principle that a company's shareholders and employees are immune from civil lawsuits filed against it: Judge Gordon ordered that the corporate veil be pierced on a list of Palmer's companies so they could be properly investigated. Other ⃝ lift the corporate veil Phrase Bank ⃝ The question of whether to pierce the corporate veil is one of fact. ⃝ The veil may not be pierced absent a showing of improper conduct. ⃝ Seeking to pierce the corporate veil, he asked the court to declare the company's directors liable for the debt. Additional Notes ⃝ If a corporation has issued stock and held regular meetings of shareholders and directors, it is unlikely a judge will pierce the corporate veil unless there is proof that the corporation was created to accomplish a fraud on those dealing with it. TED Alexander Demidov)
pierce the corporate veilснять корпоративную завесу (Lavrov)
piercing corporate veilотмена корпоративной защиты
piercing the corporate veilпротыкание корпоративной вуали (A legal concept through which a corporation's shareholders, who generally are shielded from liability for the corp's activities, can be held responsible for certain actions. Found on lectlaw.com Alexander Demidov)
piercing the corporate veilснятие корпоративной вуали (Charging normally immune corporate officers, shareholders, and so on with personal liability for the corporation's wrongdoing. WL Alexander Demidov)
piercing the corporate veilотмена корпоративного иммунитета (Libelle)
reverse piercing of the corporate veilобратное проникновение за корпоративную вуаль (So what is "reverse piercing" of the corporate veil? Reverse piercing is a lesser known, and lesser used, concept whereby a creditor of an individual can execute on corporate assets to satisfy a civil judgment against the individual owners. A creditor can use the reverse-pierce remedy to hold a corporation liable for the debts of the controlling shareholder where the shareholder/debtor formed or used the corporation to secret assets and avoid preexisting personal liability. For instance, if an individual facing a possible individual judgment creates a corporation or LLC and transfers assets in to a controlled entity so the assets would be protected from a civil judgment then individual's creditors could levy upon the corporate assets under the reverse-piercing theory. assetprotectionfl.com Alexander Demidov)