Corp Veil? Forum
- jdubb990
- Posts: 184
- Joined: Tue Aug 11, 2009 12:16 am
Corp Veil?
Is there a landmark case in the U.S. that established what the corp. veil is? Looking for a good rule. Note: I understand it, I just need authority.
- MrKappus
- Posts: 1685
- Joined: Tue Mar 31, 2009 2:46 am
Re: Corp Veil?
I believe the short answer's "no" (no landmark case). Lexis shows only 17 SCOTUS cases have the phrase "corporate veil" in them, probably because most cases in which this is an issue sound in K or tort. Piercing standards also may vary slightly by state, so you'll probably have difficulty finding some monolithic authority that's frequently cited. But a good discussion of it all's at 524 U.S. 51.
- vamedic03
- Posts: 1577
- Joined: Mon Sep 29, 2008 9:50 am
Re: Corp Veil?
Earliest mention = United States v. Devereux (1809) in reference to corporate citizenship for diversity jurisdiction.jdubb990 wrote:Is there a landmark case in the U.S. that established what the corp. veil is? Looking for a good rule. Note: I understand it, I just need authority.
- nealric
- Posts: 4281
- Joined: Fri Sep 25, 2009 9:53 am
Re: Corp Veil?
I believe the big case I read in corporations was Checker Cabs. Not sure that name is right, but it involved a guy who made a separate corp. for every taxi in a taxi company and tried to use the separate corps to duck tort liability. Veil was pierced.
Edit: The name of the case is Black & White v. Love.
Edit: The name of the case is Black & White v. Love.
- Moral_Midgetry
- Posts: 543
- Joined: Tue May 11, 2010 3:29 pm
Re: Corp Veil?
Ask one of your idiot classmates.
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Re: Corp Veil?
Moral_Midgetry wrote:Ask one of your idiot classmates.
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- Posts: 4249
- Joined: Tue Dec 02, 2008 3:23 am
Re: Corp Veil?
No. That shit goes back to before the common law began to properly develop, so it's like asking for the landmark case where "torts" were established.
- MrKappus
- Posts: 1685
- Joined: Tue Mar 31, 2009 2:46 am
Re: Corp Veil?
It is completely 100% not like asking that. Torts is a broad area of the law. Veil-piercing is a specific (and relatively modern) doctrine. Until the 19th century (read: hilariously long after "the common law began to properly develop"), corporations were chartered by the state. No piercing doctrine would have been necessary because states did not set up "alias" or "dummy" entities (Cardozo in Berkey).Renzo wrote:No. That shit goes back to before the common law began to properly develop, so it's like asking for the landmark case where "torts" were established.
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- Posts: 4249
- Joined: Tue Dec 02, 2008 3:23 am
Re: Corp Veil?
Naw, you got it all wrong. There were corporations in the Bible, after all, and that was at least 500 years ago.MrKappus wrote:It is completely 100% not like asking that. Torts is a broad area of the law. Veil-piercing is a specific (and relatively modern) doctrine. Until the 19th century (read: hilariously long after "the common law began to properly develop"), corporations were chartered by the state. No piercing doctrine would have been necessary because states did not set up "alias" or "dummy" entities (Cardozo in Berkey).Renzo wrote:No. That shit goes back to before the common law began to properly develop, so it's like asking for the landmark case where "torts" were established.
- jdubb990
- Posts: 184
- Joined: Tue Aug 11, 2009 12:16 am
Re: Corp Veil?
Hahaha.Renzo wrote:Naw, you got it all wrong. There were corporations in the Bible, after all, and that was at least 500 years ago.MrKappus wrote:It is completely 100% not like asking that. Torts is a broad area of the law. Veil-piercing is a specific (and relatively modern) doctrine. Until the 19th century (read: hilariously long after "the common law began to properly develop"), corporations were chartered by the state. No piercing doctrine would have been necessary because states did not set up "alias" or "dummy" entities (Cardozo in Berkey).Renzo wrote:No. That shit goes back to before the common law began to properly develop, so it's like asking for the landmark case where "torts" were established.
Also, thanks MrKappus.
- MrKappus
- Posts: 1685
- Joined: Tue Mar 31, 2009 2:46 am
Re: Corp Veil?
Try harder. Be more funny.Renzo wrote:Naw, you got it all wrong. There were corporations in the Bible, after all, and that was at least 500 years ago.
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