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Legal Blog of Attorney Lawrence B. Saftler

Can the Corporate Veil be Pierced?

By lsaftler on March 20, 2008

Only the rule of law can decide this issue, and in the latest shot across the bow, the Appellate Division, First Department (Blount v. Bovis Lend Lease LMB, Inc., 2996 [3-6-2008]) held that there was insufficient proof of common ownership of two companies to defeat defendant’s motion to dismiss based on jurisdiction. The Court found that there was no evidence of complete control over the financial aspects of marketing, day-to-day operations and activities or shared employees, and common officers and directors.

Posted in Construction | 1 Comment

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