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School of Law
1045 W. Maple St.
Robert A. Leflar Law Center
Waterman Hall
University of Arkansas
Fayetteville, AR 72701

Phone: (479) 575-5601

A Review of Piercing the Veil Cases in Arkansas

By · October 10, 2011 · 2011 Ark. L. Notes 17
In categories: Business Law

Piercing the veil is an equitable doctrine developed at common law, which under certain circumstances allows a court to order that the separate legal existence of a business entity be disregarded. Originally, the doctrine was designed to allow creditors and other claimants to recover against the shareholders of a corporation, despite the usual rule that shareholders have no personal liability for debts of the corporation.

Read the entire article:

Carol Goforth – A Review of Piercing the Veil Cases in Arkansas – Arkansas Law Notes 2011

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