LLC Law Update: Piercing the Corporate Veil (Post 3)
Wyoming. Wyoming courts allow veil piercing in about 61.90% of cases, far exceeding the national average, though the small size of the dataset (21) makes it difficult to say that the rate is statistically meaningful.[1] In Wyoming, veil piercing law was also modified by statute around the time this number came out, so that failure of an LLC to observe…