Alter Ego and Veil Piercing
Hold Individuals Accountable
At Isenberg & Hewitt, we understand that corporate entities are essential for conducting business, but when these entities are abused to shield individuals from liability, justice must prevail. Our experienced attorneys specialize in alter ego and veil piercing claims, holding individuals accountable for corporate debts and ensuring that justice is served.
What is Alter Ego and Veil Piercing?
Alter ego and veil piercing are legal doctrines used to disregard the separate legal identity of a corporation or other entity and hold individuals personally liable for the entity’s obligations. When a corporate entity is used as a mere instrumentality or alter ego of its owners or shareholders, courts may pierce the corporate veil to prevent injustice and unfairness.
When is Alter Ego and Veil Piercing Appropriate?
Alter ego and veil piercing claims may arise in various situations, including:
- Fraudulent Activities: When corporate officers or shareholders engage in fraudulent or illegal activities through the corporate entity for personal gain.
- Undercapitalization: If a corporation is inadequately capitalized and lacks sufficient assets to cover its liabilities, courts may pierce the corporate veil to hold individuals responsible for debts.
- Commingling of Assets: When there is a disregard for the separation of personal and corporate assets, leading to the mingling of funds and confusion regarding liability.
Our Approach
At Isenberg & Hewitt, our attorneys have a deep understanding of alter ego and veil piercing laws and the factors that courts consider when determining whether to pierce the corporate veil. We meticulously investigate each case, gathering evidence to support a successful alter ego or veil piercing claim whether in court or by settlement.
Hold Individuals Accountable for Corporate Debts
If you believe that alter ego or veil piercing may be appropriate in your case, contact Isenberg & Hewitt. Schedule a consultation with one of our experienced attorneys to discuss your situation and explore your legal options.