Last try for me, too: your ability to "read and receive" is about equal to your ability to "spell and conceive."
Ken. >-----Original Message----- >From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of andie >nachgeborenen >Sent: Friday, October 08, 2004 1:36 AM >To: [EMAIL PROTECTED] >Subject: Re: [PEN-L] Corporate Personality Doctrine -- Quite Irrelevant > > >Last try. The Corporate Personlity Doctrine is a >well-defined, highly precise, very limited doctrine >that is totally irrelevant to issues of corporate or >shareholder liability. The CPD says taht for certian >purposes, corporations are persons are the 14th and >5th amendement. They are entitled to freedom of >speech, due process, equal protection, etc. That has >zippo to do witj wthet you can reach a shareholder >behind a corporate form. The latter question is a >matter of piercing the corporate veil. This has >nothing, I repeat NOTHING, to do with corporate >personality. The element or requirement in >veil-piercing you object to, fraud or injustice, is >not ill-defined either. Basically it says no harm no >foul: you can't go behind the corporate form even if >formalities have not been observed it no one was >harmed by the failure to observe these formalities. It >is essentially a standing-like requirement, no injury, >no cause of action. I hope this is now clear.
