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Home / Opinion Digests / Contractors’ Corporate Veil Pierced (access required)

Contractors’ Corporate Veil Pierced (access required)

A father and son who formed their contracting business as a limited liability corporation, but who observed no corporate formalities and used the corporation account to pay personal expenses such as home mortgages, car payments and gym memberships, are subject to having the corporate veil pierced during their bankruptcy proceeding which they filed after an ...

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