Delaware Chancery Court (per VC Slights) accepts outsider reverse veil piercing

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05/25/2021

Delaware Chancery Court (per VC Slights) accepts outsider reverse veil piercing

Thread. But note that Slights is approving only of "outsider" reverse veil piercing. Not "insider" RVP. https://t.co/YhOcbo2QAG pic.twitter.com/xpY7o8Dt3l
— Steve Bainbridge (@PrawfBainbridge) May 25, 2021

On the distinction between insider and outsider reverse veil piercing, see https://t.co/EPFXkMBenm
— Steve Bainbridge (@PrawfBainbridge) May 25, 2021

In contrast, I am willing to accept insider reverse veil piercing at least as a matter of constitutional law. https://t.co/ayPZ4x4aHZ
— Steve Bainbridge (@PrawfBainbridge) May 25, 2021

Posted at 03:50 PM in Corporate Law | Permalink