Courts historically have applied the alter ego doctrine to "pierce the corporate veil" so that a shareholder may be held liable for the debts or conduct of the corporation. California has extended the possibility of alter ego liability to members of...
California Court Green Lights Reverse Veil Piercing Of Delaware LLC
Posted on August 11, 2017
Court Declines To Impose Alter Ego Liability On LLC's President
Posted on July 19, 2017
In general, the debts, obligations, or other liabilities of a California limited liability company do not become the debts, obligations, or other liabilities of a member or manager solely by reason of the member acting as a member or manager acting...
Fictitious Name Use Fails To Engender Standing Or Jurisdictional Issue
Posted on June 16, 2017
California Code of Civil Procedure Section 367 requires that every action must be prosecuted in the name of the real party of interest. What happens when a plaintiff sues under a fictitious business name of a dissolved foreign limited liability...
Alter Ego and the Nevada LLC
Posted on April 20, 2017
California's version of the Revised Uniform Limited Liability Company Act expressly subjects members to potential alter ego liability: