“Reverse piercing” involves the creditor of an individual shareholder attempting to reach assets of a corporation operated by that shareholder. Illinois reverse-piercing law is unsettled. Some cases allow the remedy; others don’t. When it is allowed, it usually involves a one-person corporation. In Fish v. Hennessy, 2013 WL 577012 (N.D.Ill 2013), the Northern District rejected a creditor’s …
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