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Daily Archives: Saturday, May 6, 2017

Posted: May 6, 2017

No Veil Piercing Jurisdiction Unless Defendant Used Corporate Form to Harm or Defraud

On April 25, 2017, Justice Singh of the New York County Commercial Division issued a decision in Gliklad v. Deripaska, 2017 NY Slip Op. 50549(U), holding that there could be no personal jurisdiction based on veil piercing unless the corporate form had been used to harm or defraud the plaintiff, explaining: There is an insufficient… Read more »