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Piercing the Veil
At Best Bike Co., a new supplier has not provided the saddles your ordered. When you call, they laugh and say you made the payment to Saddles, Inc., a corporation that existed for a single day. It incorporated, took your money, paid the money out as a dividend, then immediately shut down. The owner twists his mustaches and laughs, "Corporations have limited liability, so you cannot do anything about it! I'm invincible! King of the world! Mwhahahahaha!" He goes on with this melodrama for seriously like ten minutes. It is absolutely insufferable.
Is there anything you can do to stop this abuse of the corporate form?
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