lack Letter
BAU.S. Court of Appeals, Fifth Circuit, 2006stubesbozounverifiedsin verificarSkim briefBrief rápido

Bridas S.A.P.I.C. v. Government of Turkmenistan

447 F.3d 411 (5th Cir. 2006)

A state leaves its oil company with $17,000 so an award cannot be collected

In one lineEn una línea
A controlling owner that strips an entity of assets to defeat a creditor can be held liable as its alter ego.El dueño que vacía de activos a la entidad para frustrar a un acreedor puede responder como su alter ego.
RuleRegla
Alter ego liability turns on whether the owner exercised total domination of the entity and used that control to perpetrate a fraud or injustice against the creditor, such as undercapitalizing it to avoid an award.
Why this case is herePor qué está aquí este caso
Camp's chapter 4 case on alter ego factors applied to a parent: control plus the use of the entity to avoid a known liability.
Procedural posturePostura procesal
Bridas sought to enforce an arbitration award against Turkmenistan as the alter ego of its state-owned company; the district court refused; the Fifth Circuit reversed and held the government bound.
piercing the corporate veil (alter ego)

AssignedAsignado: 2026-10-15

Read the public opinionLeer la opinión (texto público). SourceFuente: Skim brief from memory of the public opinion; verify facts and holding against the opinion before citing..