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· 12/7/2007

Landry v. Louisiana Citizens Property Insurance Co.

Citations

  • 969 So. 2d 615

How courts have described this case

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

  • inquiring whether “if the acts are treated as those of the corporation alone ... an inequitable result [will] follow”
  • veil-piercing is appropriate “when the incentive value of limited liability is outweighed by the competing value of basic fairness to parties dealing with the corporation”
  • describing this principle as applying not only to shareholders, but also to “other controlling individuals”
  • describing this principle as applying not only to shareholders, but also to “other controlling individuals”
  • \[F]ormalities are [ ] an excellent litmus of the extent to which the individuals involved actually view the corporation as a separate being.\
  • “[W]hen particular circumstances merit ... courts may look past a corporation’s formal existence to hold shareholders or other controlling individuals liable for ‘corporate’ obligations.”

Source: CourtListener parenthetical corpus (CC0).

Read full opinion on CourtListener

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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.