Corporate Liability - Law Dictionary Search Results
corporate liability
corporate liability see liability
employer identification number
used to identify the tax account of employers, sole proprietors, corporations, partnerships, and limited liability companies. This number is required if
liability
or obligation (as to use due care) on the defendant. corporate liability : liability of a corporation that is enforced by sanctions
reorganization
recapitalization or merger) that affect the tax structure of a corporation under the Internal Revenue Code and often produce favorable tax … of the acquiring corporation or its parent regardless of any liability assumed by the acquiring corporation as a result of the
merger
act or process of merging b : absorption by one corporation of another ;also : any of various methods of combining … employees of the absorbed corporation, and by an assumption of liabilities by the absorbing corporation NOTE: Shareholders in a de facto
piercing the corporate veil
piercing the corporate veil The judicial act of imposing personal liability on otherwise
Contributory
liability by transfer to a pauper. See Re Discoveries Finance Corporation, (1910) 1 Ch 312, but see Hyam's Case, (1859) 1
Executor de son tort.
of years of which the deceased was assignee, see Stratford-upon-Avon Corporation v. Parker, (1914) 2 KB 562. An executor de son … New York Breweries Co., 1899 AC 62. As to his liability in respect of a term of years of which the
corporation
municipal corporation : a political unit created or otherwise given corporate status (as by a charter) by a superior governing authority … duties of natural persons but with perpetual existence and limited liability see also pierce compare association, partnership, sole proprietorship close corporation
Non-feasance
for non-feasance as distinguished from mis-feasance, see Maguire v. Liverpool Corporation, (1905) 1 KB 767; McClelland v. Manchester Corporation, (1912) 1 … failure to perform a duty to the public. As to liability to an action for damages for non-feasance as distinguished from
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