| 单词 | to pierce the corporate veil |
| 释义 | > as lemmasto pierce (also lift, etc.) the corporate veil to pierce (also lift, etc.) the corporate veil to identify the rights or duties of a corporation with the rights or liabilities of its owners, shareholders, or directors in certain circumstances, thus exposing them to liability on the corporation's behalf. ΚΠ 1917 Yale Law Jrnl. 27 112 By the organization of subsidiary companies, with local directors in ostensible control, it would seem possible for large corporations..to minimize the effects of an eventual taint of enemy character—a result created by the courts through their hesitation in piercing the corporate veil. 1919 J. T. Carter Nature Corporation as Legal Entity iii. 79 Courts will not hesitate to ‘look through’ or ‘set aside’ the entity,—to ‘lift the corporate veil’. 1962 Financial Times 29 Mar. 9/5 The persistent refusal by English judges to pierce the corporate veil..has led to some startling and unjust consequences. 2005 B. Hanotiau Complex Arbitrations i. 47 The cessation of significant activities by the subsidiary and its directors is equally a factor that facilitates piercing the corporate veil. < as lemmas |
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