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Updated about 11 years ago, 10/20/2013

User Stats

254
Posts
28
Votes
Mary Joe
  • Investor
  • Brooklyn, NY
28
Votes |
254
Posts

LLC corporate piercing cases

Mary Joe
  • Investor
  • Brooklyn, NY
Posted

It's best not to have an LLC than to have one that is put together or run poorly.

I came across this case "Colorado Court of Appeals Pierces the Veil of Single-Member LLC with No Showing of Wrongdoing" - I don't know why the title says no showing of wrongdoing, if you read the article, the LLC member did a lot of things wrong....

http://www.llclawmonitor.com/2012/03/articles/piercing-the-veil/colorado-court-of-appeals-pierces-the-veil-of-singlemember-llc-with-no-showing-of-wrongdoing/

Another LLC piercing case

http://www.professorbainbridge.com/professorbainbridgecom/2012/05/more-llc-veil-piercing-silliness.html

Also interesting comment from the article:

Both cases support Professor Stephen Bainbridge

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