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词汇 corporate-veil
释义 corporate veil
noun[ S ]
ukus
LAW
the idea that a company's managers or shareholders are not legally responsible for the actions of the company:
Shareholders may hide behind the corporate veil, assured that their liability does not extend beyond the value of their shares.

Examples of corporate veil


corporate veil
That issue included articles on the use of televisions in courtrooms and piercing the corporateveil among other topics.
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Metaphorically speaking, their liability is limited behind the corporateveil.
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Therefore, the case could go forward to trial to determine if plaintiffs may pierce the corporateveil.
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In the context of criminal cases the courts have identified at least three situations when the corporateveil can be pierced.
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However, many jurisdictions apply local law to foreign corporations in certain determinations such as piercing the corporateveil.
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Common law countries usually uphold this principle of separate personhood, but in exceptional situations may pierce or lift the corporateveil.
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He rejected the husband had done anything improper relating to the companies to allow piercing the corporateveil.
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I would emphatically reject any suggestion that this court is in any way concerned with what is usually referred to as piercing the corporateveil.
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The interests of the state in protection of victims of negligence is a sufficient basis to pierce the corporateveil.
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In determining whether or not the corporateveil may be pierced, the courts are required to use the laws of the corporation's home state.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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