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What is Halley v. Printwell, Inc. Ruling Summary about?

The document summarizes a court case between Donina Halley, a stockholder of Business Media Philippines, Inc. (BMPI), and Printwell, Inc., a company that BMPI owed money to for printing services. The Supreme Court ruled that: (1) Halley could be held personally liable for the full unpaid amount of her stock subscription, not just the proportionate amount; (2) the corporate veil could be pierced to hold Halley liable under the doctrine of piercing the corporate veil; and (3) the trial court correctly applied

Author

rb

Language

EN