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You are protected under a C-Corp, unless they can pierce the corporate veil in court (unlikely if you didn't do anything you weren't supposed to do) you can wal
by calloc 16y ago
You are protected under a C-Corp, unless they can pierce the corporate veil in court (unlikely if you didn't do anything you weren't supposed to do) you can walk away and the only assets any of the creditors can go after are those of the company. All of your personal assets are free and clear.
- jacquesm 16y ago> My co-founder owns a majority of the company Minority shareholder, so he's protected anyway, no way this could be laid at his private door, unless there is outright fraud on his account.