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The presumption of corporate independence and limited shareholder liability serves to encourage business development. See Wm. Passalacqua Builders, Inc. v. Resnick Developers S., Inc., 933 F.2d 131, 139 (2d Cir.1991). Nevertheless, that presumption will be set aside, and courts will pierce the corporate veil under certain limited circumstances. See Thomson-CSF, 64 F.3d at 777. Specifically, such '[l]iability ... may be predicated either upon a showing of fraud or upon complete control by the dominating [entity] that leads to a wrong against third parties.' Wm. Passalacqua Builders, 933 F.2d at 138. As explained in Wm. Passalacqua Builders, to pierce the corporate ...