Montana Jury Instruction - 1.9.5.1 Corporation As Alter Ego Of Stockholder

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This form contains sample jury instructions, to be used across the United States. These questions are to be used only as a model, and should be altered to more perfectly fit your own cause of action needs.

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FAQ

When a character lives more than one life, having a secret identity or taking on more than one personality, that alternate personality is their alter ego?for instance, think of Spider-Man, who is the alter ego to Peter Parker.

Courts will disregard the corporate entity, allowing for individual shareholders, directors or officers (i.e. the ?alter-egos?) to be held liable in certain circumstances. This is also known as ?piercing the corporate veil.?

Alter ego is a legal doctrine whereby the court finds that a corporation lacks a separate identity from an individual or corporate shareholder. The court applies this rule to ignore the corporate status of a group of stockholders, officers, and directors of a corporation with respect to their limited liability.

To make a claim for alter ego under California law, a litigator would have to prove two key elements: Unity of Interests. The shareholders in question have treated the corporation as their ?alter ego,? rather than as a separate entity; and. Inequitable Result.

A U.S. corporation was held liable under the alter ego doctrine for the debts of two foreign corporations where: (1) all three corporations were wholly owned by a single individual; (2) the work of all three corporations was performed by the same employees; (3) the three companies were operated in such a way that no ...

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Montana Jury Instruction - 1.9.5.1 Corporation As Alter Ego Of Stockholder