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'Personal' Alter Ego Claims in Bankruptcy

By Thomas B. Walper, Mark Shinderman and Amy Boyd
September 01, 2003

Part Two of a Two-Part Article

Last month's article discussed the unfortunate fact that bankruptcy courts have made it virtually impossible for creditors to maintain individual alter ego claims against the debtor's shareholders and affiliates – and that as a result, crafting an alter ego claim that will survive an attack requires finesse. This month's article continues with a discussion of “personal” claims.

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