Using Litigation to Pierce the Corporate Veil
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Using Litigation to Pierce the Corporate Veil

ByKevin Walsh, Esq

Corporations and LLCs are entities that are separate from their creators. They have legal rights and can own property. They can also be parties to contracts. When corporations and LLCs acts prudently and observe corporate formalities the owner’s personal assets are protected. A judgment collector can only pursue the assets of the corporation. Often a judgment against a corporation is difficult to collect because the corporation does not have sufficient assets to satisfy the judgment….

Contract Negotiation Tip 010 | Zen & Contracts
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Contract Negotiation Tip 010 | Zen & Contracts

ByKevin Walsh, Esq

What does Zen have to do with contract drafting and negotiation? The answer is “nothing.” For the student of Zen, achieving a state of mind, empty of thought, unlocks unlimited creative potential. When drafting a complex commercial contract, start with the nothingness of a blank computer screen, as opposed to a one-size-fits-all template. Type out everything you expect to get out of the deal, leading with the ‘must have’ terms. Then build out the proposed…

Contract Negotiation Tip 009 | Fee Shifting Provisions & Pyrrhic Victory
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Contract Negotiation Tip 009 | Fee Shifting Provisions & Pyrrhic Victory

ByKevin Walsh, Esq

    King Pyrrhus, of the Greek state of Epirus, defeated the Romans in 280 B.C. and sustained such heavy losses he was no longer able to continue his campaign. After the battle he cried “One more victory like this and we are lost!” This type of hollow win, heavily outweighed by its cost, became known as a “Pyrrhic Victory.” Attorney fees in complex litigation can inflict such a heavy economic loss that a favorable…