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Piercing the corporate veil or lifting the corporate veil is a legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders. Usually a corporation is treated as a separate legal person , which is solely responsible for the debts it incurs and the sole beneficiary of the credit it is owed.
An alter ego (Latin for "other I") means an alternate self, which is believed to be distinct from a person's normal or true original personality. Finding one's alter ego will require finding one's other self, one with a different personality. Additionally, the altered states of the ego may themselves be referred to as alterations.
In the absence of express statutory guidance, most American courts have held that LLC members are subject to the same common law alter ego piercing theories as corporate shareholders. [8] However, it is more difficult to pierce the LLC veil because LLCs do not have many formalities to maintain.
Todd Herman, author of The Alter Ego Effect, is a performance coach to pro athletes, business leaders and public figures—and the mastermind behind late NBA star Kobe Bryant’s famous “Black ...
An alter ego (from Latin, "other I") is another self, a second personality or persona within a person. The term is commonly used in literature analysis and comparison ...
Sasha Fierce," where she created her confident, on-stage alter ego. Canva. Bae "Bae" is short for baby or babe. It refers to a person's significant other and can be used as a term of endearment ...
“Alter Ego,” which premieres Sept. 22 at 9 p.m. on Fox, features amateur singers who perform behind the scenes, donning special headsets and lending their real voices to digital avatars that ...
The right of self-defense (also called, when it applies to the defense of another, alter ego defense, defense of others, defense of a third person) is the right for people to use reasonable or defensive force, for the purpose of defending one's own life (self-defense) or the lives of others, including, in certain circumstances, the use of ...