To understand “reverse piercing the corporate veil,” we need to understand “piercing the corporate veil.” "Piercing the corporate veil" is a legal term. It is used to describe a situation where a court disregards the separation between a corporation, and its owners or shareholders. This allows the court to use the owners' personal assets to satisfy the corporation's debts, or legal obligations. "Reverse piercing the…

Ayala Law P.A.March 24, 2023