Section 15.30 Corporate Alter Ego

• Library: Family Law Deskbook and 2014 Supp

N. (§15.30) Corporate Alter Ego

The general rule is that the trial court may not divide the assets of a corporation that is not a party to the litigation even if the stock is owned entirely by a party. Mehra v. Mehra, 819 S.W.2d 351 (Mo. banc 1991). In these circumstances, the trial court is generally limited to disposing of the corporate stock. But the trial court may direct a party, as sole shareholder of the corporation, to cause the corporation to transfer certain corporate property to create an equitable division of property. Id. There is other authority, however, that the court may allocate property of a corporation even if that entity has not been...