Piercing the Veil

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August 25, 2024 3 min read Definitions
Corporate Veil: Legal Shielding Mechanism in Corporate Law
Law Business Corporate Law Shareholder Liability Legal Protection Piercing the Veil Corporate Governance
The corporate veil is a legal concept that separates the actions and liabilities of a corporation from its shareholders, protecting individual assets. Courts may pierce the corporate veil to hold shareholders personally liable under certain circumstances.
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