Tarter Krinsky & Drogin released a client alert on the recent decision Rich v. J.A. Madison, breaking down the decision’s implications and outlining practical steps for preserving limited liability protections. The New York Supreme Court, Appellate Division, affirmed a trial court ruling that pierced the corporate veil to hold defendant Jonathan Adler Enterprises liable for the breach of a “Consulting Agreement” entered into by its subsidiary, J.A. Madison, LLC.
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