The courts can and often do pierce the veil of sham LLCs like this. The LLCs main use (still bad), is that if LLC1 runs up a debt of a billion dollars, LLC2 mig

The courts can and often do pierce the veil of sham LLCs like this. The LLCs main use (still bad), is that if LLC1 runs up a debt of a billion dollars, LLC2 might be protected from it.