Why Attend?
- Understand the law surrounding the limitation on liability of corporate owners
- Learn the tests used by Virginia courts to permit or resist piercing
- Understand the logistics of a piercing claim
- Explore the differences in piercing claims
One of the benefits of organizing a business as a corporation or LLC is that the entity 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 to reach an individual owner’s personal assets (or vice versa to reach an entity’s assets), “piercing the veil” afforded by the corporate structure.
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 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 corporate entity do, or fail to do, that makes piercing the veil more or less likely?
- 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., state, federal, or bankruptcy court) matter?
- How does piercing compare to claims in the parent/subsidiary context, for successor liability, or directly against a corporate owner?
| 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 |
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.