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But the larger point still stands: Limited liability was granted “on the front end” without the entity needing to demonstrate a minimum amount of capital. You’r
by jt2190 4mo ago
But the larger point still stands: Limited liability was granted “on the front end” without the entity needing to demonstrate a minimum amount of capital. You’re only pointing out that in the U.S. that it’s possible that “on the back end” the owners of the entity might become personally liable.
- rayiner 4mo agoYes, i’m just elaborating on OP’s point. The US system is different and basically more optimistic on the front end.