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· 10/9/1980

Baker v. CEDARWOOD ASSOCIATES, TERRACORP, INC.

Citations

  • 271 S.E.2d 596
  • 275 S.C. 359
  • 1980 S.C. LEXIS 483

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that the alter-ego theory should be used only when retaining separate “personalities would promote fraud, wrong, or injustice or contravene public policy”
  • holding that control, in and of itself, is not sufficient. It is necessary to show that the retention of separate corporate personalities would promote fraud, wrong or injustice, or would contravene public policy
  • noting that piercing the corporate veil is normally only allowed where retaining separate corporate entities would result in fraud, wrong or injustice or would contravene public policy
  • Rejecting the alter-ego theory because “ ‘piercing the corporate veil’ is not a doctrine to be applied without substantial reflection.”
  • “However, ‘piercing the corporate veil’ is not a doctrine to be applied without substantial reflection.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Lewis, Littlejohn, Ness, Gregory, Harwell

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.