Piercing the Corporate Veil: When Can Owners Be Personally Liable?

Accreditation Wreath Icon AL
SKU: COR500
All Courses Available iOS/Android Web

All Courses Available iOS/Android Web

About This Course

A shareholder’s personal liability for the debts of a corporation is generally considered negligible at best—liability lies with the corporation itself. But there are exceptions and under particular circumstances, parties seeking compensation may address their claims directly to the shareholder. This CLE course will review the various principles that guide the courts in determining when to “pierce the corporate veil” and how those claims should be pursued, whether in defense or pursuit. The course will explain the many complexities of the issue through a review of the established principles of corporate insulation, the factors that impel the courts to question shareholder liability, single shareholder domination, the “alter ego” theory objectives of achieving equity in an appropriate case, a review of specific, relevant cases, a thorough examination of the role of corporate formalities and undercapitalization, practice issues including statutes of limitations, pleading, summary judgment and discovery.

Decorative Arc

United Makes CLE Easy

A puzzle in a hand

One.

Select Course Package

  • Unlimited CLE

    Enables you to fulfill multiple CLE cycles with one purchase.

  • One-Stop Bundles

    Our most popular courses bundled to save you time and money.

  • Build-A-Bundle

    Select the courses that interest you most while taking advantage of our bundle discount.

A clipboard with a checklist

Two.

Immediate Access to CLE Courses

Courses are available immediately upon checkout. You will have 24/7 access to your purchased courses during the lifetime of your subscription.

Courses can be started, stopped, and paused at any time.

A certificate

Three.

Instantly Print Your Certificate

You can immediately print your CLE certificate upon completion of a course.

A copy of your certificate will remain in your account and will always be accessible to you.

Decorative Arc

Want Different Options?

For a custom suite of courses, our custom CLE option satisfies your CLE cycle requirements in one easy step.

Customize OptionsRight ArrowCustomize Options