Kiritsis & Associates

 

WHAT DOES IT MEAN FOR THE CORPORATE VEIL TO PIERCED?

Law Offices of John Kiritsis & Associates

 

212 922 0005

 

The "corporate veil" refers to the legal concept that a corporation is considered a separate entity from its owners and management, with its own rights and liabilities distinct from those of its owners. When the corporate veil is "pierced," it means that a court has found that the distinction between the corporation and its owners or management should not apply in a particular case, and that the owners or management can be held personally liable for the corporation's actions. The corporate veil can be pierced in limited circumstances, such as when there has been fraud, illegal activity, or a failure to observe formalities required by law.

 

Sources:

New York Business Corporation Law

New York Limited Liability Company

New York General Obligations Law

NYS Office of Professions

U.S. Constitution

 

Whether you are a new business startup or a well-established company, our law firm can help you with all of your business law legal needs. For a free consultation, you can call us at 212 922 0005.

 

Law Offices of Kiritsis & Associates

Phone # 212 922 0005

Manhattan Office (Main Office):

633 Third Avenue

New York, NY 10017

Suite 1306

Brooklyn Office (By Appointment Only):

1023 74th Street

Brooklyn, NY 11228

1st Floor

New Jersey Office:

7309 Ventnor Avenue

Ventnor, NJ 08406

2nd Floor

 

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We hope you would find this website useful with regards to finding potentially relevant information for your legal issue. The Law Offices of Kiritsis & Associates PLLC is a boutique law firm headquartered in Midtown Manhattan, with offices in Manhattan, Brooklyn (NY) and New Jersey. We strive to provide professional legal services for individuals and various business entities. Our clientele ranges from including aspiring entrepreneurs,  start-ups to established business organizations.

 

We offer flat fee prices for many of the practice areas provided listed throughout our website. For more information on the   topic -- you may be interested, or simply to find out how our law firm can help, you may click at any of our site's links.

 

We are available for existing and potentially new clients 7 days a week -- via online, phone and/or in person.

Phone# 212-922-0005

 

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