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North Carolina SPVs Do Not Automatically Permit Veil Piercing

An entity created for a special purpose does not mean piercing the entity’s corporate veil is appropriate. A plaintiff must assert factual allegations showing the SPV is an instrument and/or alter ego of another. Loray Master Tenant v. Foss N.C. Mill Credit 2014 Fund I

North Carolina SPVs Do Not Automatically Permit Veil Piercing

An entity created for a special purpose does not mean piercing the entity’s corporate veil is appropriate. A plaintiff must assert factual allegations showing the SPV is an instrument and/or alter ego of another. Loray Master Tenant v. Foss N.C. Mill Credit 2014 Fund I

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