Enforcing Judgments: Strategies for Locating and Recovering Corporate Assets

Leveraging Alter Ego Liability, Piercing the Corporate Veil, Reverse Piercing and Fraudulent Conveyance Theories

Recording of a 90-minute CLE webinar with Q&A


Conducted on Tuesday, November 3, 2015

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE webinar will provide commercial litigators with the tools to help clients enforce and satisfy judgments. The panel will outline best practices for obtaining and preserving judgments, conducting post-litigation discovery to locate assets, and executing and satisfying judgments, and will discuss the latest strategies for applying alter ego theory and piercing the corporate veil.

Description

Prevailing in a lawsuit is no guarantee that a litigant will actually receive their hard-fought damages—an estimated 80% of civil judgments are never collected by clients. Judgment creditors in commercial litigation may need to engage in supplemental proceedings and discovery and face the challenge of attempting to pierce the corporate veil to turn a judgment into a financial recovery.

Counsel for clients engaging in litigation against corporations and other business entities must be adept at using theories such as alter ego liability, piercing the corporate veil, reverse piercing and fraudulent conveyance to enable clients to obtain assets from shareholders, insiders and related entities to maximize recovery. They must also take advantage of cutting-edge discovery techniques to locate and untangle corporate assets to satisfy judgments.

Listen as our experienced panel of commercial litigators discusses strategies for enforcing and satisfying civil judgments against corporations and other business entities. The panel will discuss best practices for obtaining and preserving judgments, conducting post-litigation discovery to locate assets, piercing the corporate veil, and executing and satisfying judgments.

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Outline

  1. Post-judgment discovery
  2. Executing a judgment
  3. Piercing the corporate veil; alter ego theory; reverse piercing
  4. Litigation to enforce a judgment
  5. Satisfaction of judgments

Benefits

The panel will review these and other key issues:

  • What factors do courts look at in deciding whether to apply the alter ego theory and pierce the corporate veil?
  • What steps can judgment creditors take to minimize or uncover fraudulent conveyances?
  • What immediate actions should counsel for judgment creditors take upon entry of judgment?
  • Under what circumstances will reverse piercing allow judgment creditors to collect on a damages award?

Faculty

Matthew S. Kenefick
Matthew S. Kenefick

Partner
Jeffer Mangels Butler & Mitchell

Mr. Kenefick's law practice extends to litigation, compliance and real estate matters. He represents a variety...  |  Read More

Daniel A. Fass
Daniel A. Fass

Klapper & Fass

Mr. Fass focuses his practice on commercial debt collection and business law. He has over thirty-five years'...  |  Read More

David Seth Hill
David Seth Hill

Halling & Cayo

Mr. Hill focuses his practice on creditor’s rights and collections, handling most of the judgment...  |  Read More

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

$297

Download

$297