Family resemblance: Piercing corporate veil in family, corporate law

By Gary Joseph and Eric Morgan ( April 15, 2021, 8:27 AM EDT) -- Spouses can be shareholders, directors, officers and employees in family-run businesses. When a marriage breaks down and corporations are involved, both family law and corporate law can be engaged in sometimes complementary, sometimes conflicting ways. This is particularly the case with piercing the corporate veil. Parties and counsel involved in these situations should keep both family and corporate law perspectives in mind, or risk being surprised by the approach the court can take....