Alter Ego A corporation, limited liability company, or other entity set up to provide a legal shield for the person controlling the operation.
Alter Ego
adj. the term is used for transactions, pricing or deals agreed upon by wo such parties, in a manner that does not take into consideration any kind of relation the two parties might share say for example, previous financial agreements, ...
ALTER EGO - Doctrine of the law disregarding the limited personal liability enjoyed when acting in a corporate capacity when no separate identity of the individual and corporation exists.
Alter Ego: Corporation used by an individual to conduct personal business. It's illegal. In alter ego scenario, individuals will be held liable to the corporation. See also piercing the corporate veil.
alter ego
n. a corporation, organization or other entity set up to provide a legal shield for the person actually controlling the operation.
At this time, in the history of the common law, the traditional rigidity of the common law often rubbed horns with its alter ego, the touch-feely character of equity.
Definition - Noun
: an organization (as a business or governmental unit) that has a legal identity which is separate from those of its members
see also alter ego instrumentality juridical person legal person pierce
Pronunciation'en-ti-tE ...
 See also: Attorn, Attorney, Lawyer, Law, State
  
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