Walkovszky v. Carlton

Walkovszky v. Carlton, 223 N.E.2d 6 (NY 1966), is a United States corporate law decision on the conditions under which Courts may pierce the corporate veil. A cab company had shielded itself from liability by incorporating each cab as its own corporation. The New York Court of Appeals refused to pierce the veil on account of undercapitalization alone.

Walkovszky v. Carlton

Walkovszky v. Carlton, 223 N.E.2d 6 (NY 1966), is a United States corporate law decision on the conditions under which Courts may pierce the corporate veil. A cab company had shielded itself from liability by incorporating each cab as its own corporation. The New York Court of Appeals refused to pierce the veil on account of undercapitalization alone.