Because Judges Are Not Angels Either: Limiting Judicial Discretion by Introducing Objectivity into Piercing Doctrine

  • Jonathan A. Marcantel
  • Published 2010

Abstract

Ordinarily, individual shareholders are immune from liability arising from a corporation’s activities through the doctrine of limited liability. That is, absent a personal breach of duty either in contract or in tort, an individual shareholder is only financially exposed to judgments against, or debts of, the corporation up to the shareholder’s investment… (More)

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