With no explanation, chose the best option from "A", "B", "C" or "D". the controlling shareholders used for personal and unrelated business activity). In other cases, the controlling party strips the assets from a previously legitimate corporation in order to avoid satisfying preexisting obligations that the corporation incurred in the ordinary course of business. See, e.g., Matter of Arbitration between Holborn Oil Trading Ltd. & Interpetrol Bermuda Ltd., 774 F.Supp. 840, 847 (S.D.N.Y.1991) (Leisure, J.) (“It is clear that proof of a stripping of the assets of the subsidiary by the parent, motivated by a desire to render the subsidiary judgment proof, would constitute a ‘fraud or wrong’ justifying piercing of the corporate veil.” (internal quotation marks omitted)); Rebh v. Rotterdam Ventures Inc., 252 A.D.2d 609, 611, 675 N.Y.S.2d 234 (3d Dep’t 1998) (<HOLDING>). As discussed below, AFTC’s .veil-piercing

A: recognizing that a controlling partys scheme to denude a corporation of its assets in order to render it unable to honor its obligations would justify piercing the corporate veil internal quotation marks omitted
B: holding that issues not argued specifically and distinctly in a partys opening brief are waived internal quotation marks and citations omitted
C: holding that opponent claiming prejudice from rule 15b amendment must show that a partys failure to plead an issue it later presented must have disadvantaged its opponent in presenting its case internal quotation marks omitted
D: holding that compliance with rule 3 is both a mandatory and jurisdictional prerequisite to appeal internal quotation marks omitted
A.