‘Textbook’ Case Shows How to Lose Protection of the Corporate Veil
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‘Textbook’ Case Shows How to Lose Protection of the Corporate Veil
By Elizabeth (Lisa) B. Vandesteeg & Jonathan Friedland, Partners, Sugar Felsenthal Grais & Hammer LLP
The fundamental principle that assets and liabilities of a company are generally separate and apart from those of its owners is something that most first-year law students, as well as most business owners, know.1 Indeed, the insulation that the rule provides owners from potential...
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Jonathan Friedland is a partner with the Chicago/New York law firm of Sugar Felsenthal Grais & Helsinger. He is a corporate and corporate restructuring/insolvency attorney with broad-based experience in representing companies in distress and their constituents, including in bankruptcy, compositions, assignments, and receiverships.
Elizabeth (Lisa) B. Vandesteeg is a partner at Sugar Felsenthal Grais & Hammer LLP in its Chicago office. She concentrates her practice in the areas of bankruptcy, commercial litigation, business disputes, and privacy and data security issues. She has been repeatedly recognized as an Illinois Super Lawyer, and she is a sought-after speaker. Vandesteeg has been an associate editor of the ABI Journal for several years and is also on the board for the Chicago Network of IWIRC.
