Allegations that corporate funds were diverted to make it judgment-proof or that the corporation was dissolved without appropriate reserves are sufficient to satisfy the pleading requirement to pierce the corporate veil on an alter-ego theory. The law does not require that the parent company's actions be fraudulent, only that they result in a wrong or an inequity.
Rich v. J.A. Madison, LLC, NY Slip Op 04818 (1st Dep't August 28, 2025)
