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Read Case 37.1 Northeast Iowa Ethanol, LLC v. Drizin. The court held that the "corporate veil" could be pierced.
Explain what "piercing the corporate veil" means.
What is civil fraud?
Did Drizin act ethically in this case?
Did the owners of Northeast Iowa have any responsibility for the losses they suffered in this case?
Do you think that the plaintiff, Northeast Iowa will recover on its $11.4 million judgment?
What factors would you change?
Attachment:- Ethanolv. Drizin.rar
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