2 ms·
Creating a limited company purely to Dockerise your own wild trades might not work, though - that might be a piercable veil: https://en.wikipedia.org/wiki/Pier
by twic 5y ago
Creating a limited company purely to Dockerise your own wild trades might not work, though - that might be a piercable veil:
https://en.wikipedia.org/wiki/Piercing_the_corporate_veil#United_States https://en.wikipedia.org/wiki/Piercing_the_corporate_veil#Un...
- fennecfoxen 5y agoYeah, the "holding corp with a business plan to buy a building with a down payment and a mortgage — renovating it, collecting rent and deprecation, and later selling, hopefully for a profit" is a pretty normal thing, and describing a huge portion of commercial real estate (n.b. this means real estate owned for profit, not in the SimCity zoning sense). A failure leaves the lender owning the building. This is expected. A single owner running insanely levered stock trades, though, could easily be found grossly undercapitalized, and that's another matter entirely.