It is a basic principle of corporate law that shareholders should not be responsible for a corporation’s liabilities and similarly, one corporation cannot be liable for another corporation’s debts.

A group of optical companies secured the dismissal of a federal class action lawsuit that alleged the entities failed to protect their patient's personal data. The defense prevailed Wednesday in the U ...

Many prior posts have addressed the “alter ego” doctrine, under which a business entity’s owner can be held personally liable for the entity’s debts. This is also known as “piercing the corporate veil ...