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Please talk to the layer to understand liability for your particular business. As a officer of a company you are still personally liable for some things and D&O

by sdizdar 15y ago

Please talk to the layer to understand liability for your particular business. As a officer of a company you are still personally liable for some things and D&O will not cover it. In other words, don't think incorporation will make your private assets 100% safe.

tptacek 15y ago
You are particularly exposed when it comes to torts you personally have a hand in, and possibly for contracts where it can be entered in bad faith. That said: I'd be very surprised to hear a lawyer say that incorporation makes you more exposed. You make a good point, but I'm still pretty sure the default should be "incorporate somehow".
- deleted 15y ago
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