Abstract

"In Sky Cable v. DIRECTV, Inc., the United States Court of Appeals for the Fourth Circuit answered two narrow questions of first impression regarding the equitable remedy of reverse veil piercing in Delaware. Sky Cable provides an affirmative answer to a question of whether Delaware would recognize reverse veil piercing and a negative answer to a question of whether Delaware's charging statute for limited liability companies precludes reverse veil piercing for a judgment creditor of an LLC member. In this Article, we suggest that Delaware courts might answer reverse veil piercing questions differently, based on equitable maxims and language in Delaware's charging statute not considered in Sky Cable v. DIRECTV, Inc." [..]

Document Type

Article

Publication Date

2019

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