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What does "piercing the corporate veil" mean insofar as NY's courts are concerned?

 

A: As explained in "Piercing the Corporate Veil" Under New York Law," it is where you seek to pursue the personal assets of a corporate officer for a corporate debt based upon the contention that the corporation is being used - wrongly and fraudulently - as a shield against a rightful claim, often in the breach of contract context.


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