Brief English Introduction
The dispute concerned whether a claimant who said he beneficially owned shares in special purpose vehicles could treat assets held by those companies as his own through reverse piercing.
Use It For
Use it with the SPC FaDaWang Q&A on reverse personality denial to compare why courts are especially cautious when insiders ask to disregard a company.
Teaching Notes
The case is a clean taxonomy source: standard piercing, outsider reverse piercing, and insider reverse piercing involve different plaintiffs and different risks to creditors and shareholders.