July 8, 2026

Piercing the corporate veil.

Supreme Court properly dismissed the fourth counterclaim, which purports to interpose a cause of action to pierce the corporate veil. The counterclaim, which alleges facts to support an alter ego recovery against plaintiff's principal, fails because veil-piercing is not a stand-alone cause of action.

Avail Holding, LLC v. ICM Funding, LLC, NY Slip Op 04256 (1st Dep't July 2, 2026)

Here is the decision.