Tag Archives: Iowa Business Owner

Holding A Corporation’s Owners Personally Liable – Piercing the Corporate Veil in an Iowa Corporation

Posted on May 3, 2012 by

Piercing the corporate veil is an equitable remedy employed by Iowa courts “to further the public convenience, cure wrongs, protect against fraud, and advance the ends of justice …”  HOK Sport, Inc. v. FC Des Moines, L.C., 495 F.3d 927, 935 … Continue reading →

Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Manager, Member, Officer, Shareholder | Tagged , , , , , , , , , | Leave a comment

Iowa Limited Liability Companies – Iowa’s Statutory Limitation on Piercing the Corporate Veil of an Iowa LLC

Posted on February 4, 2012 by

Members and managers of Iowa limited liability companies (LLCs) are generally protected from incurring personal liability for the act(s) and/or omission(s) of the LLC.  Indeed, Iowa Code Section 489.304 identifies some of the protections afforded to members and managers of an … Continue reading →

Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Manager, Member, Officer | Tagged , , , , , , , , , , | 1 Comment

10 Characteristics of Shareholder Oppression in an Iowa Business – The Iowa Court of Appeals Explains

Posted on January 29, 2012 by

       In Heidecker Farms, Inc. v. Heidecker, the Iowa Court of Appeals identified several different actions / inactions that may arise to shareholder oppression in Iowa.  The court began by explaining shareholder oppression generally, stating: “Oppressive conduct ‘is an … Continue reading →

Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Officer, Partners, Partnership | Tagged , , , , , , , , , , , , | 1 Comment