• Tec and Ric are the only two shareholders of Crazy Running, Inc. Crazy Running, Inc. has defaulted on several of its lease agreements with Larry. Ted and Ric have instructed the Board of Directors to sell all the assets of Crazy Running, Inc. to Leisurely Stroll, Inc., a corporation in which Ted and Ric are also the only two shareholders. After Larry brought an action for breach of the lease agreement against Crazy Running, Inc. Larry discovered that Crazy Running, Inc. no longer has any assets to satisfy any debts and was no longer actively operating, Larry also discovered that Ted and Ric have no assets in their own individual name other than the shares of Leisurely Stroll, Inc. and Crazy Running, Inc. Finally, Larry discovered that Leisurely Stroll, Inc. has significant assets (including the one acquired from Crazy Running, Inc.) which it uses to pay for all of the personal expenses of Ted and Ric. Discuss whether Larry will be successful in piercing the corporation veil such that Leisurely Stroll, Inc will be liable for the lease obligations? (Do not discuss liability for breach of contract actions generally; specifically focus on whether the corporate veil can be pierced for each of the two corporations).