Legal Opinion
Craig v. Lake Asbestos of Quebec, Ltd.
Court of Appeals for the Third Circuit
Decided March 31, 1988No. 87-1254PublishedCited by 92 opinions
1Opinion of the Court
OPINION OF THE COURT.
SLOVITER, Circuit Judge.
I. Issue
The district court held, following a trial on the issue, that appellant Charter Consolidated P.L.C. was liable under New Jersey law for the tort obligations of its subsidiary Cape Industries, P.L.C. on an “alter ego ” or “piercing the- corporate veil” theory. Because we conclude that New Jersey law does not allow for piercing the corporate veil absent a greater degree of domination of the subsidiary by its parent than that found here by the district court, we will reverse.
II. Procedural and Factual Background
The original plaintiffs,…
2Cases cited19 opinions
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3Cited by92 opinions
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- Alfred Blasband v. Steven M. Rales Mitchell P. Rales John Doe 1-10 Danaher Corporation, Alfred Blasband, Derivatively on Behalf of Danaher CorporationCourt of Appeals for the Third Circuit · 1992
- Gordon v. Greenview Hospital, Inc.Tennessee Supreme Court · 2009
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