Case Study: Baldwin v. Atlantis Water Solutions
This LawShelf Case Study looks at two Montana cases to clarify the extent of the corporate liability shield. In both cases, the first being Peschel Family Trust v. Colonna and the second being Baldwin v. Atlantis Water Solutions, LLC, the court focused on when the corporate veil should be pierced because businesses were really alter egos of their shareholders, the businesses were undercapitalized and other factors. We look at first the precedent from the Supreme Court of Montana and then the application by a bankruptcy court in that state to follow this interesting and highly relevant line of cases.
The cases can be accessed here: