3 ms·
There are specific laws called Piercing the Veil that can easily be passed to close this type of loophole. Courts are run by people, not AI, so judges can easi
by killingtime74 10d ago
There are specific laws called Piercing the Veil that can easily be passed to close this type of loophole.
Courts are run by people, not AI, so judges can easily ignore the corporate entity once these laws are passed.
- rat9988 10d agoDoesn't seem out of reach of AI. Not sure why you think so.
- laughing_man 10d agoPiercing the corporate veil is difficult to do in practice unless they've gotten very sloppy.
- killingtime74 9d agoIf they see people doing exactly what was described to avoid fines I think they will amend the law to explicitly allow piercing the veil. Just like for directors
- dubeye 9d agoSounds good in theory, what's the practical reality in your experience?
- killingtime74 9d agohttps://www.holdingredlich.com/federal-court-decision-pierces-the-corporate-veil-for-breach-of-director-duties https://www.holdingredlich.com/federal-court-decision-pierce... This is an example (I have nothing to do with this case)