Whether a Judgment Creditor Can Execute on Shares and Assets of the Corporation to Satisfy Debts of Shareholder

In Yamin v Carroll Wayne Conn, L.P. 574 S.w. 3rd 50 (Tex. App. - Houston 14th Dist, 2018, pet. denied) the debtor-appellees took considerable trouble to ensure that assets in the corporation and the shares of that corporation were separate property of the wife. A jury determined that they were in fact community property. The Court allowed an outside creditor to reverse veil-pierce the protections of the corporate veil.

Read the full case note of the student editor HERE

Read the case itself HERE.