There is a nice and very long comment in the post regarding limited liability corporations. They existed for a before limited liability, especially through comm

There is a nice and very long comment in the post regarding limited liability corporations. They existed for a before limited liability, especially through common law structures. Interestingly they were largely banned in UK after the bubble referred to in the article: https://en.wikipedia.org/wiki/Bubble_Act https://en.wikipedia.org/wiki/Bubble_Act