corporate veil

No Alter Ego if Reimbursement Available

The trial court directed a verdict on the husband's counterclaim for alter ego against the wife and her separate property corporation. Piercing the corporate veil was not warranted because piercing is justified only when any harm to the community estate cannot be remedied by a reimbursement claim. The jury found that the amount of the husband's reimbursement claim equaled zero. Marcum v. Marcum, No. 01-04-01062-CV (Tex. App. - Houston [1st Dist.] June 12, 2008).

Courtesy of Verner & Brumley, P.C. Dallas, Texas