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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Mark VII, Inc. v. Barthol, 926 S.W.2d 128 (1996)

Citation
Mark VII, Inc. v. Barthol, 926 S.W.2d 128 (1996)
Parent Document
Mark VII, Inc. v. Barthol, 926 S.W.2d 128 (1996)
Jurisdiction
Missouri (state)
Effective Date
1996-05-28

Other Sections in This Document (39)

Full Text

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In the petition, appellants referenced a number of acts taken to liquidate AFS and turn it into a shell corporation. While appellants label these acts as corporate subterfuge, the alleged actions are simply fraud. The alleged fraudulent liquidation of AFS constitutes the alleged fraudulent conveyances. Appellants cite cases holding the alleged fraud sufficient to support piercing the corporate veil. We agree; a series of fraudulent conveyances in the liquidation of an existing company in order to set up a shell corporation could provide cause to pierce the corporate veil. However, these actions are the same fraudulent conveyances which we hold under Dano