In Re: Dravo LLC, Appeal of: Carmeuse Lime

Summary

The Supreme Court of Pennsylvania reversed the Superior Court, holding that plaintiffs cannot pierce the corporate veil of a dissolved LLC to pursue asbestos claims that are barred by the LLC Act’s two‑year claim‑bar provision. The Court reasoned that veil‑piercing is an equitable remedy that requires an underlying viable claim, which does not exist after the statutory bar expires. Accordingly, the trial court’s summary‑judgment grant in favor of Carmeuse Lime is affirmed.