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I'm in favor of a strong legal shield. A business started in good-faith with some legal uncertainty that loses a lawsuit shouldn't cause its owners to have thei
by MichaelBurge 11y ago
I'm in favor of a strong legal shield. A business started in good-faith with some legal uncertainty that loses a lawsuit shouldn't cause its owners to have their wages garnished for the rest of their lives.
Shell companies whose sole purpose is to shield the owners from lawsuits that they're planning to make seem like a different matter, though. It would be dangerous to limit them while preserving the usefulness of the first case, but I was mainly asking if there was already something in the law for this. It sounds like there isn't?