Flip It and Reverse It: The Outside Reverse Veil Piercing Theory Gains Ground in California
11/28/17
By: Kristin A. Ingulsrud California’s Fourth Appellate District has determined that “outside reverse veil piercing” may be a means of reaching a Limited Liability Company’s assets. In Curci Investments, LLC v. Baldwin (2017) 14 Cal.App.5th 214, the court held that a Delaware LLC could be liable for a judgment against the 99% owner of the LLC.…