On Demand Audio

Piercing the Corporate Veil in New York: A Primer

(169 reviews)

Produced on November 17, 2017

Taught by
$ 89 Business, Corporate, & Securities Law In Stock
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Course Information

Time 74 minutes
Difficulty Intermediate

Course Description

Corporations and other business entities are created by entrepreneurs to run their businesses and, importantly, shield themselves from personal liability. The corporate shield or corporate veil describes the separation of a business entity from its shareholder owners. A court will pierce that corporate veil, and hold the shareholder owners liable for the obligations of a business entity, if those shareholder owners have defrauded or otherwise wronged third parties doing business with that entity. But plaintiffs seeking to pierce that corporate veil often find that the factual evidence required creates such a high bar that the remedy can seem out of reach. In this course, attorney Robert J. Ansell covers the essential features of veil-piercing litigation, as well as issues of strategy, forum selection, and timing that should be considered by any would-be veil piercer.


Learning Objectives:

  1. Familiarize yourself with the fundamentals of piercing the corporate veil in New York
  2. Explore why the strategic decision to seek veil piercing may not always depend entirely upon the likelihood of success on the merits
  3. Review the various choices plaintiffs seeking veil piercing must make, including forum and the best timing for asserting the claim
  4. Discuss nuanced issues related to veil piercing, such as “reverse piercing”

Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

Robert Ansell

SilvermanAcampora LLP

For over twenty years, clients have trusted Rob to guide them through the turmoil and uncertainty surrounding litigation. Whether you are a large corporation, closely-held business, or an individual, Rob’s experience allows him to tailor legal strategies around the needs of you and/or your business. With years of trial, arbitration, mediation, and appellate experience at both the state and federal levels, Rob knows how to get our clients the results they are looking for, without breaking the bank.

A skilled natural litigator, Rob works with our clients to determine when to litigate and when it is best to settle disputes out of court. Whether through arbitration, mediation, or out of court settlement, Rob strives to achieve our clients’ goals in the most efficient manner available.

In addition to his legal representations, Rob currently sits on the Brooklyn Law School Alumni Admissions Board, and participates in the Bucknell University Externship Program. Rob is the New York Statewide Chair and panel lecturer of the New York State Bar Association’s biennial lecture on Judgment Enforcement, and frequently lectures for the New York Bar Association’s programs on “Bridging the Gap” for newly-admitted attorneys. He also regularly lectures on legal topics at Long Island high schools.



Reviews

GK
George K.

Great presentation. I would have like a syllabus of all cited cases the instructor referred to.

JD
Jenifer D.

I was very impressed with his command of the subject and the presentation...one of the best I have taken at Lawline

FF
Ferdinand G. Suba F.

Learned a lot from this course. Great presentation of substantive law and cases.

LR
lawrence r.

very well prepared presentation

ML
Melvyn L.

A course identifying any principles relating to piercing when the defendant is an LLC or a one person LLC, instead of a corporation, would be helpful.

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