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· 4/18/1988

Scott v. AZL Resources, Inc.

Citations

  • 107 N.W. 118
  • 107 N.M. 118
  • 753 P.2d 897

How courts have described this case

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

  • stating that piercing the corporate veil requires findings not only of instrumentality, but of improper purpose and proximate cause
  • stating that piercing the corporate veil requires findings not only of instrumentality, but of improper purpose and proximate cause
  • noting that a parent and a subsidiary are separate corporations and that the corporate veil must be pierced to hold the parent liable for the subsidiary's actions
  • stating that there must be a showing that the financial setup 10 of the corporation is a sham or caused an injustice as a result
  • refusing to pierce the corporate veil in order to hold parent corporation liable
  • an essential element of the alter ego doctrine to pierce the corporate veil is proof of unity of interest and ownership

Source: CourtListener parenthetical corpus (CC0).

Judges: Stowers, Scarborough, Ransom

Read full opinion on CourtListener

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.