Niki owns O.K. Oil Corporation. Niki creates Pure Fuel Corporation to engage in the same business as O.K., transfers O.K.'s assets to Pure Fuel, and petitions O.K. into bankruptcy to defraud its creditors. This most likely warrants

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Niki's actions demonstrate an intent to defraud O.K.'s creditors, which can lead to the piercing of O.K.'s corporate veil. This would hold both Niki and Pure Fuel liable for O.K.'s debts. A bonus or discharge for O.K. would not be warranted, and a review of Pure Fuel's articles of incorporation is not relevant in this scenario.

Niki Owns O