Case Result

$117,542

Corporate Law

2018
Indianapolis, IN

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Case Details

Trial court awarded Westside Storage $117,542 against Country Contractors and its shareholders, piercing the corporate veil. The Court of Appeals reversed the judgment against the shareholders, ruling that undercapitalization was not assessed at the time of formation, there was no causal link between the lack of corporate records and injustice, and the absence of a remedy for the plaintiff does not justify piercing the corporate veil.

Additional Notes

Court of Appeals reversed the judgment against the shareholders.

Indianapolis, IN
3.80 rating (49 reviews)
5 attorneys
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