Insurance 'Bad Faith' Subject of Recent State Supreme Court Cases & New York Conference Oct 23, 2008
In Dombroski v. WellPoint, the Ohio Supreme Court modified the test required for a plaintiff to pierce the corporate veil. But, according to the report, even under the test's expansion the claim of the insured in the case failed because insurer bad faith is a "straightforward tort" and is not the kind of exceptional wrong that piercing is intended to remedy. (PR Newswire)
The armour strengthens around privilege Aug 27, 2008
A landmark decision on privilege handed down by the nation's top court has drawn the cloak around lawyer-client communications even tighter, with the court saying regulators do not have the right to pierce the corporate veil even to determine whether a privilege claim is legitimate. The hands-off message comes from the case of the Privacy Commissioner of Canada v. Blood Tribe Department of Health, which itself grew out of a dispute that the federal Privacy Commissioner was simply trying to... (Globe and Mail -- Business)
No plane sailing May 5, 2008
The Act section 424 says you can pierce the corporate veil if in fact, creditors have been led down the garden path in credit continuing to be incurred at a time when the company cannot pay its debts. Chris Gibbons: Now in terms of preferred creditors, and again I am talking generally rather than specifically in this case. (iAfrica.com)
Judge Says Arbitration Can't Be Avoided in Dispute Over $23 Million Worth of Vanilla Beans Mar 21, 2008
In , McLaughlin ruled that a litigant cannot abandon an arbitration against a subsidiary corporation in favor of filing suit against a parent company to pierce the corporate veil because the initial agreement to arbitrate against the subsidiary also applies to any claims against the parent ... As a result, AGK's lawyers -- Stephen R. Bolden of Fell ing in Philadelphia and Ben Whaley Leclercq of Charleston, S.C. -- filed suit in federal court against A.M. Todd and ZTC seeking to pierce the... (Law.com)
Bullies in the workplace Sep 11, 2007
We tolerate bullying, afraid to pierce the corporate veil that shrouds the abuse in secrecy. Not long ago defenders of domestic violence used the same excuse to not interfere in private family matters. (Sonoma Index-Tribune, CA)
Don's done it better before Apr 3, 2007
Welcome to The Sydney Morning Herald. Michael Evans finds US corporate law is more business-like. (Sydney Morning Herald -- Business)
MIND YOUR BUSINESS Feb 7, 2007
") "A lot of people don't realize they can tap into their home equity," said Peter Siegel, founder of BizBen.com, a San Ramon clearinghouse of California businesses for sale. "You'd be surprised by how many different sources you can tap. " You also have some potential alternatives to simply paying your partners everything in cash right now. You will certainly need to pay them some cash -- typically 20 to 50 percent of their selling price, according to Siegel. But the rest can be done through... (San Francisco Chronicle -- Business)
