Question
A trucking company owned by Timothy Johnson charges its fuel purchases to an account at Jamba Juice. When they weren't paid on several jobs completed
A trucking company owned by Timothy Johnson charges its fuel purchases to an account at Jamba Juice. When they weren't paid on several jobs completed then amounts owed couldn't be paid. The trucking company discontinued doing business and it eventually didn't exist anymore. However, Timothy provided trucking services privately as a sole proprietor. Jamba Juice ended up suing Timothy Johnson for unpaid debts owed of $35,000. He argued about not being held responsible for corporate debt. Can you mention the factors the court will consider in making a decision as to whether or not to pierce the corporate veil?
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