IG SECOND GENERATION PARTNERS, L.P. v. 166 ENTERS. CORP.

652962/13. Appeal No. 12214. Case No. 2019-4751.

187 A.D.3d 638 (2020)

131 N.Y.S.3d 162

2020 NY Slip Op 06054

IG Second Generation Partners, L.P., et al., Appellants, v. 166 Enterprises Corp. et al., Respondents.

Appellate Division of the Supreme Court of New York, First Department.

Decided October 27, 2020.


Plaintiffs, the owners of real property leased by the corporate defendant, obtained several judgments against the corporation. They seek to pierce the corporate veil to collect the outstanding amount from the individual defendants, who they claim looted the corporation. The parties agree that at least $187,000 in corporate funds was used to pay the individual defendants' personal expenses and that the individual defendants contributed at least $263,000 to the corporation...

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