In this action arising out of the failed project to construct an observation wheel on the Staten Island waterfront, plaintiff, the developer of the project, alleges a breach of contract claim against defendant Mammoet Holding BV, as the alter ego of the nominal contracting party, known as the design build team (DBT). Applying Delaware law, plaintiff sufficiently alleges that defendant was a parent company of DBT, which was undercapitalized, failed to observe corporate formalities...
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