Holding "allegation that a person owns all of the corporate stock and makes all of the management decisions is insufficient to cause the court to disregard the corporate entity"
Holding that where the "gravamen of respondents' cause of action is that the appellants committed actual and constructive fraud by conspiring to breach their fiduciary duties . . . Code of Civil Procedure section 338, subdivision 4 states the applicable statute of limitations"
210 Cal.App.2d 825 (Cal. Ct. App. 1962) Cited 315 times
Holding "it is not sufficient to merely show that a creditor will remain unsatisfied if the corporate veil is not pierced, and thus set up such an unhappy circumstance as proof of an 'inequitable result'"
Holding that the rule announced in " Foley is fully retroactive, applying to all cases not yet final as of January 30, 1989, the date the decision in Foley became final."
This division is known and may be cited as the "California Financing Law." Ca. Fin. Code § 22000 Amended by Stats 2017 ch 475 (AB 1284),s 4, eff. 10/4/2017. Division heading amended by Stats 2017 ch 475 (AB 1284),s 3, eff. 10/4/2017.