In 2020, when we last blogged on corporate veil piercing in Tennessee, we matter-of-factly said, “[t]he law in Tennessee on ‘piercing the corporate veil’ has not substantially changed” since previous blogs. Well, that’s no...more
7/21/2025
/ Business Disputes ,
Business Entities ,
Business Litigation ,
Business Ownership ,
Corporate Governance ,
Fraud ,
Limited Liability Company (LLC) ,
Piercing the Corporate Veil ,
Shareholders ,
Tennessee ,
TN Supreme Court
The law in Tennessee on “piercing the corporate veil” has not substantially changed since our last blog on the subject.
The Tennessee Court of Appeals has recently, and cogently, restated and reconfirmed the state law...more
Question: Can a 50% shareholder pierce her own corporation’s veil to impose liability upon the only other shareholder for an unsatisfied judgment in her favor against their corporation?
Answer: Yes.
The Tennessee Court...more