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Daily Archives: Tuesday, February 11, 2020

Posted: February 11, 2020

Veil Piercing Claim Upheld Based on Allegations of Fraudulent Inducement

On January 31, 2020, the Fourth Department issued a decision in Clark Rigging & Rental Corp. v. Liberty Mut. Ins. Co., 2020 NY Slip Op. 00760, upholding a veil piercing claim based on alleged fraudulent inducement, explaining: Affording the allegations in the complaint every possible favorable inference, we conclude that plaintiff sufficiently alleged that Tri-Krete... Read more »