piercing the corporate veil

The judicial act of imposing personal liability on otherwise immune corporate officers, directors, and shareholders for the corporation’s wrongful acts.

— Also termed disregarding the corporate entity; veil-piercing. See CORPORATE VEIL. [Cases: Corporations 1.4(1). C.J.S. Corporations §§ 9, 13.]


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译者Celia,毕业于新加坡知名法学院,擅长翻译涉及信息和智能技术领域的法律文件。
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