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· 7/1/1977

Fusilier v. Russell

Citations

  • 347 So. 2d 261
  • 1977 La. LEXIS 4924

How courts have described this case

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

  • observing that an outside reverse pierce is warranted when a controlling shareholder attempts to “deceive or defraud his personal creditors”
  • \[t]he usual result of piercing the corporate veil is that the controlling shareholder or shareholders become liable for the corporate liabilities\
  • “A corporation’s veil will be pierced where the corporation’s controlling shareholder formed or used the corporation to defraud creditors by evading liability for preexisting obligations.” (emphasis added)
  • shareholder transferred personal funds to corporation to avoid creditors
  • applying the doctrine to “a controlling shareholder”

Source: CourtListener parenthetical corpus (CC0).

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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.