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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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