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Corporations - Piercing the Corporate Veil (3)

. Wei v. Ye-Hang Canada (EH-C) Technology & Services Inc. ['reverse' piercing]

In Wei v. Ye-Hang Canada (EH-C) Technology & Services Inc. (Ont CA, 2026) the Ontario Court of Appeal considered (without resolution) the interesting issue of 'reverse corporate veil piercing', that is where liability imposed on an individual may be held against a corporation as well:
[10] With respect to the corporate veil piercing claim made in the statement of claim, while there is a claim to impose personal liability on the individual appellant on the basis of alleged breaches by the corporations, there is not a claim for reverse corporate veil piercing to impose liability on the corporations for a loan made to the individual appellant.

[11] Unfortunately, the reasons only address this issue at paragraphs 19 and 20, which does not fully develop the reverse corporate veil piercing argument. Accordingly, we are remitting the issue of the liability of the corporations to the motion judge or another judge of the Superior Court of Justice to be reargued.


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Last modified: 12-03-26
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