“Piercing the corporate veil” refers to a situation in which courts put aside limited liability and hold a corporation’s shareholders or directors personally liable for the corporation’s actions or debts. Veil piercing is most common in close corporations.
Similarly, how do you say pierce the veil?
Moreover, where did the pierce the veil name come from?
Lead singer Vic Fuentes came up with the band’s name while sitting in sociology class at San Diego State University. The professor mentioned piercing the veil – meaning to go directly to the root of a problem and removing it at the source.
Can you pierce the veil of an LLC?
Piercing the veil is a remedy in which courts will disregard the corporation or LLC’s separate existence. … Then, if the corporation or LLC fails to pay, the creditor will sue the shareholders or members, asking the judge to pierce the veil to hold the shareholder or member personally liable.
What is piercing the corporate veil Why is it important?
A key reason that business owners and managers choose to form a corporation or limited liability company (LLC) is so that they won’t be held personally liable for debts should the business be unable to pay its creditors. … When this happens it’s called “piercing the corporate veil.”
Did Mike leave pierce the veil?
Pierce the Veil frontman Vic Fuentes recently claimed the band’s drummer and his brother, Mike Fuentes, left the rock group in 2017 after sexual misconduct accusations plagued the percussionist. … At the time, an accompanying statement from Mike noted that he was stepping away from the band.
How tall is Jaime Preciado?
5 ft 10 in
Is Jaime Preciado married?
Pierce The Veil bassist Jaime Preciado got married to his longtime girlfriend Jessica Rose.
What is another word for Pierce?
What is another word for pierce?
| puncture | spike |
|---|---|
| stab | bore |
| penetrate | impale |
| lance | perforate |
| transfix | drill |
What is another word for bored?
What is another word for bored?
| uninterested | weary |
|---|---|
| tired | blasé |
| ennuied | inattentive |
| listless | spiritless |
| bored rigid | bored stiff |
What does peer mean?
1 : one that is of equal standing with another : equal The band mates welcomed the new member as a peer. especially : one belonging to the same societal group especially based on age, grade, or status teenagers spending time with their peers.
Who screams in pierce the veil?
Vic Fuentes
Are pierce the veil related?
Pierce the Veil is an American rock band from San Diego, California, United States. Formed in 2006, the band was founded by brothers Vic and Mike Fuentes after the disbandment of the group Before Today (formerly Early Times), which was formed out of the San Diego punk rock scene.
