Adverse Interest Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Adverse Interest, written in plain English, along with examples of how it is used.
What is Adverse Interest?
n. the latin ‘alter ego’ stands for ‘other I’. It is used to mean another self or a second personality within a person. Legally it is used to refer to some entity set up to act in the name of another person or corporation in legal matters. It is usually used as a cover to save the defendant from disgrace or to save some firms’ reputation. Proving the use of alter ego would be a case of piercing the corporate veil in order to obtain a judgment against the principals or the individuals behind the alter ego, instead of the corporation/firm itself.