Guiding Case No. 215: Kunming Min Paper Co., Ltd. et al. Environmental Pollution Case
When shareholders abuse separate corporate personality and limited liability so that the company cannot perform ecological restoration and compensation obligations, courts may pierce the corporate veil and impose joint liability on the shareholders.
Holding
When shareholders abuse separate corporate personality and limited liability so that the company cannot perform ecological restoration and compensation obligations, courts may pierce the corporate veil and impose joint liability on the shareholders.
Issues
environmental tort debtcommingling of corporate personalityshareholder joint liability