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Corporate Liability (Piercing Corporate Veil (Type of action (Contract.…
Corporate Liability
Piercing Corporate Veil
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"Insolvency or undercapitalization" See e.g. Stirling - Wanner v Pocket Novels, Inc., 129 Or App 337, 341 (1994).
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Improper conduct when exercising actual control over corporation. Salem Tent Awning, 79 Or App 574, 481 (1986).
Type of action
Contract. Amfac, 294 Or 94 (1982) (P alleged suffered damages as result of defendant corp and its parent corp based on "piercing corp viel," "alter ego", and agency principles. Cited by Zweizig v Rote (D. Or. 2014)
Not Contract - Suit to collect debt from shareholder. See Schlecht, 272 Or 92 (1975); see Zweizig v Rote (D. Or. 2014)
Contract
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Exceptions
Fail to disclose principal. 113 Or App 145; 251 Or 284; 79 or app 475; 138 Or 314. If axn auth'd by corp., then corp. liable too.
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Outside scope (ultra vires of corporation), 72 Or 353 (1914) (director); 63 or 246 (1912)("if he does not bind some other, he binds himself").
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