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So can government create a branch that decides it can exempt people from liability? Isn't incorporation also regulated by a branch of the government. And I woul
by cycomanic 3y ago
So can government create a branch that decides it can exempt people from liability? Isn't incorporation also regulated by a branch of the government. And I would argue bestowing limited liability on corporations is taking away a right from others (to recover damages). Is the consequence of this argument not that we need to go back to that Congress needs to decide on every incorporation and put it into law?
- gjsman-1000 3y agoI’m not a lawyer and I don’t know - however, most commentators do agree that Congress would likely be forced to do a lot of boring work soon. Also see Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited, another case with potential to massively injure administrative offices by possibly overturning the Chevron decision. It also, well, threatens the CFPB’s existence.