Welcome back to the Bar Exam Toolbox podcast! Today, we have another episode in our “Listen and Learn” series, where we review a substantive area of the law and apply that law to fact patterns. This time we’re looking at piercing the corporate veil, which is a commonly-tested issue in Corporations and LLC essays.
In this episode we discuss:
- What exactly is the corporate veil?
- The four situations in which a court will pierce the corporate veil and hold the shareholders personally liable
- What does it mean for a corporation to act as its shareholders’ alter ego?
- Analyzing a hypo from the February 2017 California bar exam
- Other issues that are often tested together with piercing the corporate veil
- The difference between piercing corporate and LLC veils
Thanks for listening!
[Read more…] about Podcast Episode 120: Listen and Learn — Piercing the Corporate Veil
Picture it: You’re stuck in your apartment. Bar study is wearing on and on. You’re feeling bored and yet simultaneously overwhelmed. You can’t go socialize due to Coronavirus restrictions. You’re running out of money, time and patience. Worse yet, you suddenly get the urge to throw all the time you don’t have into a new project.
As lawyers and law students, we are living in an increasingly digitized world. From law school to the bar exam to practice, many tasks that were exclusively paper-based have been transferred to an online format.
As 2020 closed and perhaps the most bizarre and uncertain bar exam season comes to an end, we are now faced with the reality of bar exam results.