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Jury may "pierce corporate veil" of nonprofit to recover from founder.
Nonprofit and Church Legal Trends - Free Edition - September October 2007 (free edition)
Liability was imposed when foundation was “alter ego,” undercapitalized, and failed to follow corporate formalities. The Eighth Circuit Court of Appeals has affirmed a jury verdict finding the founder of a nonprofit corporation liable for $436,000 in architect’s fees for services ordered by the nonprofit in connection with the founder’s scheme to build a soccer stadium.
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