[prepend]

He had to pierce veils to figure that out? Couldn’t he just check Wikipedia like everyone else?

Is this legal in the US?

If company A owns B and C; and C does something bad, can A or B be fined?

[rlpb]

“Piercing the corporate veil” isn’t about discovering something that is a secret. It’s a legal principle.

https://en.wikipedia.org/wiki/Piercing_the_corporate_veil

> Is this legal in the US?

https://en.wikipedia.org/wiki/Piercing_the_corporate_veil#Un...

[hwc]

that's the idea of "limited liability". it has a lot of downsides in practice.