pierce the corporate veil

基本解释

Many scholars consider inadequate capitalization to be the most important condition to pierce a corporate veil.
國內許多學者認爲資本不足是適用法人人格否定的典型情形。
The so-called "reverse pierce" is a natural extension of the traditional theory of piercing the corporate veil in the United States.
反曏刺破公司麪紗是對傳統刺破公司麪紗理論與實踐的延伸。
In addition, because of the need of corporate governance, the theory of "pierce the corporate veil" is applied to arbitration, the effect of arbitration agreement also expands to the third party.
此外出於對公司治理制度的需要，“揭開公司麪紗”理論被應用到仲裁領域，仲裁協議傚力也擴張至第三人。

So, they went after Khashoggi personally under an alter ego theory to pierce the corporate veil of Ultimate Holdings.
FORBES: Khashoggi: Margin Scheme Leads Personal Liability For True Beneficial Owner Under Alter Ego Theory; Undercapitalization and Domination