Unpaid Sub Pierces Corporate Veil, Shareholder Liable

Court: Court of Appeals of Minnesota

All Finish Concrete, Inc. v. Erickson

Case no.: A16-1780

Date filed: July 3, 2017

Overview

A Minnesota court has allowed a subcontractor to recover payment from an individual shareholder of an incorporated contractor. The shareholder had under-capitalized the corporation, mingled personal and business finances, and failed to maintain adequate corporate ... Log in to view the full text.