Alter ego - sustany/dvg GitHub Wiki

Alter ego is a legal doctrine whereby the court finds that a corporation lacks a separate identity from an individual or corporate shareholder. The court applies this rule to ignore the corporate status of a group of stockholders, officers, and directors of a corporation with respect to their limited liability. Finding alter ego gives the court cause to pierce the corporate veil and hold individual shareholders personally liable for debts of the corporation.�

Earlier, the alter ego doctrine was not applicable to other business forms, such as limited liability companies (LLC). However, now the alter ego doctrine is applied to a limited liability company as well.�