Archive for April 2014
Shareholder, Officer Status Not Required To Pierce Corporate Veil
Neither share ownership nor officer status is required for Illinois courts to apply the doctrine of piercing
the corporate veil, a panel in the Appellate Court’s First District held this month.
“Predatory” Lending May Prevent Foreclosure
Predatory lending may give rise to a defense preventing foreclosure on a mortgage loan, the Supreme
Court of Arkansas held recently.