| gen. |
reverse piercing (The term "reverse piercing" the corporate veil refers to a doctrine whereby courts disregard the corporation as an entity separate from one of its shareholders. In this sense, reverse piercing is similar to the more familiar doctrine of piercing the corporate veil. The difference is that in regular, "forward" veil piercing, a creditor of the corporation is typically attempting to hold a shareholder personally liable for debts of the corporation, whereas in reverse piercing a creditor of the shareholder is typically trying to hold the corporation liable for debts of the shareholder.  typepad.com Alexander Demidov) |
