The Mottley Law Firm - March 2023

SUDOKU

SOLUTION

WHAT THE HECK IS ‘CORPORATE VEIL-PIERCING’?

How We Can Help Find Your Money

Imagine you run a business, and another company you work with owes you money. Usually, that wouldn’t be a problem — you’d send an invoice, and they’d send a check. But this time, you hit a roadblock: They won’t pay up! No matter how hard you push, the other business owner insists they don’t have a dime to give you. Yet they’re driving a Lamborghini and vacationing in Hawaii every other month! What can you do? Well, if you’ve exhausted the usual options, it’s probably time to call our team for help with what we call “corporate veil-piercing.” “Often, when you get into a dispute of some sort with a business, you realize the business doesn’t really have any assets. It’s just a shell or a sham being used by the business owner to protect themselves from liability for things they are doing wrong,” Kevin Mottley explains. Business owners can run into this problem, but so can ordinary people who are scammed or refused a refund. “These ‘companies’ aren’t sufficiently capitalized, don’t follow corporate formalities, and/or intermingle money between the owners and the corporation for more personal things. In that situation, you might have to pierce the corporate veil to reach the assets of the business owners,” Kevin says. Piercing the veil isn’t easy because shady business owners will do everything they can to protect themselves. But it is possible, especially if the business owner makes a mistake — like using their business as their personal piggy bank. If a business owner has screwed you over, our firm may be able to help. Give us a call to find out if you have a case! And if you’re a business owner, take this lesson to heart: Keep your personal and business finances separate. If you don’t, your safeguards might fail and risk your family’s savings.

IRISH PANCAKES

INGREDIENTS

• • • •

2 cups all-purpose flour

• • •

1 large egg, beaten 1 cup buttermilk 2 tbsp unsalted butter, divided

1/2 tsp baking soda 1/2 tsp kosher salt 1 tbsp white sugar

DIRECTIONS

1. In a bowl, sift the dry ingredients together. Set aside. 2. In a skillet, brown 1 tbsp of butter. 3. In a separate bowl, mix the beaten egg, buttermilk, and browned butter. 4. In a constant stream, add the wet mixture to the dry ingredients while stirring. Do not overbeat! 5. Heat a skillet over medium-low heat. Add 1 tbsp of butter, stir until the skillet is coated, and then add a few large dollops of batter (about 3 inches wide) to the pan. Do not overcrowd. 6. Cook 4–5 minutes a side, until golden brown and cooked through. Serve with butter, jam, and syrup.

Inspired by TheKitchyKitchen.com

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