Logourl black

Alter ego theory


A theory under which a plaintiff may pierce the corporate veil and hold shareholders personally liable for corporate debts. A claim under the alter ego theory alleges that a shareholder used the corporation as a façade to cover his or her personal dealings.

Related Rules [?]

The related rules section is for members only and includes a compilation of all the rules of law in Quimbee's database relating to this key term.

To access the related rules, please start your free trial or log in.