Piercing the Corporate Veil: The Pursuit and Defense of Shareholders' Individual Assets

MCLE Credits: 2.0
Ethics Credits Included: 0.0

Wednesday, May 30, 12:00 p.m. - 2:00 p.m. ET

Wednesday, June 13, 12:00 p.m. - 2:00 p.m. ET
  • Webcast with Live Q&A
  • Telephone with Live Q&A
MCLE Credit: 2.0 (Ethics: 0.0)
Live-Interactive Credit: 2.0 (all dates, all formats) Live Interactive MCLE Credit Symbol
Registration Fee: $150

Information

Why Attend?

  • Understand the law limiting the liabilities of corporate shareholders
  • Learn the tests used by Virginia courts to permit or resist piercing
  • Explore emerging theories of piercing that might be applicable to future cases

One of the great benefits of organizing a business entity as a corporation or LLC is that the corporation is solely responsible for any debts; shareholders or members are liable only to the extent of their investment. There are times, however, when a creditor seeks more than the corporation’s assets, and attempts to reach the shareholder’s personal assets, “piercing the veil” offered by the corporate structure. Under what circumstances can the shareholders be held liable? How can shareholders resist piercing of the veil?

Our experienced speakers will address this complex issue from both the plaintiff’s and the defendant’s point of view, highlighting the issues at stake and sharing practical tips to assist your representation of your client’s interests. Among the issues they will address are:

  • How strong is the presumption of the corporate veil?
  • What can a corporation do, or fail to do, that makes piercing of the veil more or less likely?
  • What is the corporation’s interest in a suit seeking to pierce the veil?
  • What is the “alter ego” theory, and how can it be used, or resisted?
  • Does the nature of the plaintiff (i.e., IRS or individual or corporation) matter?
  • Does the type of court (i.e., normal civil court or bankruptcy court) matter?
  • Are there novel theories of veil piercing that may migrate to Virginia?
 



Registration Deadlines:
Webcast: 10 minutes prior to seminar. If you register for a webcast the day of the seminar, your e-mail receipt will include a link to launch the seminar and download the materials.
Telephone: Online registration ends at 11:59 p.m. the day preceding the seminar
Call (800) 979-8253 to register up to one hour prior to the seminar
Live on Site: Online registration ends at 11:59 p.m. the day preceding the seminar
Walk-in registration is permitted on a space-available basis

Cancellation Policy: Cancellation/transfer requests will be honored until 5:00 p.m. the day preceding the seminar. You will, however, be charged $40 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE.

Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.

MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.


Can't Attend?
E-mail distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail publications@vacle.org to be notified when/if this program's seminar materials are made available for sale.

Schedule

COURSE SCHEDULE (May 30)

12:00 Piercing the Corporate Veil: The Pursuit and Defense of Shareholders' Individual Assets
1:45 Question-and-Answer Session
2:00 Adjourn
  • Sign-in for live seminar attendees in Charlottesville begins at 11:30 a.m.
  • Q&A will be handled via chat room for Webcast attendees.
  • Q&A will be handled via e-mail for telephone seminar attendees.

COURSE SCHEDULE (June 13)

12:00 Piercing the Corporate Veil: The Pursuit and Defense of Shareholders' Individual Assets
1:45 Question-and-Answer Session
2:00 Adjourn
  • Q&A will be handled via chat room for Webcast attendees.
  • Q&A will be handled via e-mail for telephone seminar attendees.

Faculty

FACULTY

Jonathan T. Blank, McGuireWoods LLP / Charlottesville
Michael J. Finney, Gentry Locke Rakes & Moore LLP / Roanoke
Gregory D. Habeeb, Gentry Locke Rakes & Moore LLP / Roanoke

Locations, Dates and Fees

Registration Options
  • Add to Cart
   Essentials Seminars Lisbon International CLE FacebookFriday Clear the Docket