St. Mary's Law Journal
Abstract
Several decades ago, an incorrect legal idea surfaced in Texas jurisprudence: that business entity actors are immune from liability for fraud that they themselves commit, as if the entity is solely responsible. Though the Supreme Court of Texas has rejected that result several times, it keeps coming back. The most recent manifestation is as a construction of Texas’s unique veil-piercing statute. Many lawyers have suggested that this view of the veil-piercing statute originated in Menetti v. Chavers, a San Antonio Court of Appeals case decided in 1998. Menetti has in fact played a prominent role in the movement to construe the statute this way. This Article shows that Menetti held no such view of the veil-piercing statute. Menetti has been misread.
First Page
205
Last Page
253
Date Created
2-12-2022
Publisher
St. Mary's University School of Law
Editor
Brent A. Bauer
Recommended Citation
Val D. Ricks,
Misreading Menetti: The Case Does Not Help You Avoid Liability for Your Own Fraud,
53
St. Mary's L.J.
205
(2022).
Available at:
https://commons.stmarytx.edu/thestmaryslawjournal/vol53/iss1/5
Included in
Business Administration, Management, and Operations Commons, Business Law, Public Responsibility, and Ethics Commons, Business Organizations Law Commons, Commercial Law Commons, Contracts Commons, Corporate Finance Commons, Law and Society Commons, Legal Remedies Commons, Torts Commons
