Paul Peter Nicolai
Corporate Veil Protected
Homeowners sued a corporation and its owner over a remodeling project gone bad. The homeowners said the company owner should be liable personally since he was the 100% owner, the only officer, and the only director of the corporation and was the person who did everything they were complaining of. The case against the company owner was dismissed.
Why This Is Important…The corporate liability shield cannot be broken simply because one person controls everything. There has to be proof of corporate impropriety as well.