C.F. Trust, Inc. v. First Flight Ltd. Partnership

I

Pursuant to Rule 5:42, the United States Court of Appeals for the Fourth Circuit certified to this Court the following questions of law, which we agreed to consider:

“(1) Would Virginia recognize a claim for outsider reverse veil-piercing under the facts of this case?

“(2) If the answer to (1) is yes, what standards must be met before Virginia would allow reverse veil-piercing of the limited partnership here?”

II

A

C.F. Trust, Inc., a Florida corporation, and Atlantic Funding Corporation, a Nevada corporation, filed an action in the United States District Court for the Eastern District of…