Laya v. Erin Homes, Inc.

How courts have described this case

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

• recognizing that corporations are presumed to be separate entities and that the “corporate entity may be disregarded” only “[u]nder exceptional circumstances”
• listing nineteen circumstances that permit a finding of personal liability, including the formation and use of the corporation to assume the existing liabilities of another entity
• listing nineteen circumstances that permit a finding of personal liability, including the formation and use of the corporation to assume the existing liabilities of another entity
• listing other factors for Court to consider in piercing the veil analysis
• using the following two-prong test to determine whether to pierce a corporate veil in a breach of contract case: (1) unity of interest and ownership such that separate personalities no longer exist; and (2) equitable considerations if acts are ascribed to corporation alone
• “This limited liability is one of the legitimate advantages of doing business in the corporate form.”

Source: CourtListener parenthetical corpus (CC0).