Ep.154 – Lécia Vicente on Ownership Piercing

Lécia Vicente, who teaches business law at Louisiana State University, joins the Business Scholarship Podcast to discuss her article Ownership Piercing. In this article, Vicente theorizes the unique aspects of the separation of ownership and control in limited liability companies (LLCs) and proposes that in manager-managed LLCs, courts should assess ownership through an evaluative “ownership piercing” process. This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.