Cortlandt St. Recovery Corp. v. Bonderman

Summary

The New York Court of Appeals affirmed the Appellate Division’s grant of summary judgment to the TPG defendants, holding that the plaintiff failed to raise a triable issue of fraud necessary to pierce the corporate veil. The court applied the Matter of Morris test and found the defendants met their summary‑judgment burden. The decision notes, without deciding, that domination alone was not shown, but that issue was moot because the fraud prong failed.