Laborer's Pension Fund v. Lay-Com, Inc.

How courts have described this case

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

• “Undercapitalization is almost never the only factor in a decision to pierce the corporate veil”
• “A corporation exists separately from its shareholders, officers, directors and related corporations, and those individuals and entities ordinarily are not subject to corporate liabilities.”
• “A corporation exists separately from its shareholders, officers, directors and related corporations, and those individuals and entities ordinarily are not subject to corporate liabilities.”
• “M.S. King’s failure to meet its debts . . . was additional evidence that it could not pay its debts and was therefore undercapitalized.”

Source: CourtListener parenthetical corpus (CC0).