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In New York City, 2406-12 Amsterdam Associates LLC brought an action in New York state court against Alianza Dominicana and Alianza LLC to recover unpaid rent. The plaintiff asserted cause to pierce the corporate veil, alleging that Alianza Dominicana had made promises to pay its rent while discreetly forming Alianza LLC to avoid liability for it. According to 2406-12, Alianza LLC was 90 percent owned by Alianza Dominicana , had no employees , and had no function but to hold Alianza Dominicana’s assets away from it creditors. The defendants filed a motion to dismiss the plaintiff’s claim. [2460-12 Amsterdam Associates, LLC v. Alianza, LLC, 136 A.D..3d 512, 25 N.Y.S.2D 167 (1 Dept. 2016)] 1)Assume that 2406-12’s allegations are true, are there sufficient grounds to pierce Alianza LLC’s corporate veil? 2)Suppose that the parties to this dispute were small, close corporations. How might that circumstance affect the result in this case?
Date Posted: 22/11/2020
Category: Law
Due Date: 29/11/2020
Willing to Pay: $15.00
Instruction
Make sure to 1)Defining the Problem 2) Developing a Plan to Solve the Problem 3)Collecting and Analyzing Information 4)Interpreting Findings and Solving the Problem Turn it in is being used. No plagiarism . Use references!!!! Format for submission: Cover page Three (3) pages in length (excluding cover page) Type written Double-spaced (Times New Roman, pitch 12) Correct grammar*** Very important…Papers replete with grammatical errors will receive a lower grade Correct organization *** Neatness / presentation**** APA style citation Reference page, if applicable use Sean P Melvin_ F E Guerra-Pujol - The Legal Environment of Business, a Managerial Approach_ Theory to Practice-McGraw-Hill Education (2017)_compressed
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