3 ms·
It seems that if your current lawyer sues you (personally) for payment of the legal costs, you'd have to hire another lawyer to defend yourself, which could eas
by greenyoda 6y ago
It seems that if your current lawyer sues you (personally) for payment of the legal costs, you'd have to hire another lawyer to defend yourself, which could easily cost you more than $10K. (If you don't appear in court to defend yourself, the court will issue a default judgement[1] against you.)
Here's an article about piercing the corporate veil, which mentions various conditions under which it can happen:
https://www.nolo.com/legal-encyclopedia/personal-liability-piercing-corporate-veil-33006.html https://www.nolo.com/legal-encyclopedia/personal-liability-p...
[1] https://en.wikipedia.org/wiki/Default_judgment https://en.wikipedia.org/wiki/Default_judgment
- oopsiePoopsie 6y agoThanks for the insight and the links. Reading through them now. Appreciate it <3