Radaszewski v. Telecom Corp.
Citation
981 F.2d 305 (8th Cir. 1992)
Facts
Stub — to be completed.
Issue
Stub — to be completed.
Holding
Stub — to be completed.
Rule
Thin capitalization alone does not justify piercing the corporate veil; the plaintiff must show that the corporation was used as a device to perpetrate fraud or injustice, not merely that it was undercapitalized.
Significance
Reinforced that insufficient capitalization is only one factor; fraudulent use of the corporate form is the key requirement.