Reverse Piercing: Exploring the Concept and Its Differences with Alter Ego and Piercing the Corporate Veil
What is reverse piercing? Reverse piercing of the corporate veil occurs when a claimant seeks to hold a corporation liable for the obligations of an individual shareholder.[1] Instead of holding an individual responsible for corporation acts, reverse veil piercing seeks to satisfy an individual’s debt through the assets of an entity of which Read more … Read more