· 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).
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.