Today’s Legal Enlightenment (Thursday, November 18, 2021)

by | Jan 12, 2022 | Legal Enlightenment | 0 comments

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Today’s Legal Enlightenment (Thursday, November 18, 2021) – PIERCING THE CORPORATE VEIL

The bank provides loans in large amounts to companies that are included in the bank group without a credit analysis, the land guarantee has expired its Building Rights Title, the bank management is the same person as the company that received the credit and then the credit is stuck. In this case, the principle of piercing the corporate veil applies, NAMELY THAT THE LOSS IS NOT LIMITED TO THE RESPONSIBILITY OF THE COMPANY ITSELF, BUT ALSO THE PERSONAL RESPONSIBILITY OF THE MANAGEMENT OF THE COMPANY JOINTLY.

Supreme Court Decision No. No. 1916 K/Pdt/1991 dated August 28, 1996

Regards,

Fredrik J. Pinakunary


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