A majority shareholder faced potential personal
liability due to negligence during project oversight; however, the
Alberta Court of Appeal clarified that such liability isn't
easily established, emphasizing that the corporate veil isn't
readily pierced.
This case underscores the importance of distinguishing
between personal and corporate responsibilities in construction
projects, shedding light on the rarity of personal liability,
particularly in cases involving economic loss.
Will a director and majority owner of a limited liability
construction company be liable for failures on a project? What if
he is negligent in his oversight of the project and dealings with
the owners?