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Directing Minds, Unclean Hands: Acting Within The Scope Of Business Is No Shield Against Piercing The Corporate Veil
The Ontario Court of Appeal has clarified a critical aspect of corporate law: directors and shareholders who expressly direct a corporation to commit wrongful acts can be held personally liable, even when acting within their official capacity. This landmark decision examines when courts will pierce the corporate veil to reach the individuals behind corporate misconduct, and what evidence is required to overcome the fundamental principle of corporate separateness.
Canada Commercial
ML
McMillan LLP
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