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Hopefully, liability never becomes an issue in your startup, but hope is not an acceptable plan :-) So it's good to debunk the myth of the fake LLC. I just thi
by alain94040 17y ago
Hopefully, liability never becomes an issue in your startup, but hope is not an acceptable plan :-)
So it's good to debunk the myth of the fake LLC. I just think the article goes a bit far (but the author is a lawyer and I'm not).
Either way, it matches my experience: in the US, you can get sued pretty much no matter what steps you have taken not to get sued...
- dkokelley 17y agoWell, from what I understand, anyone can sue anyone for any reason. It's whether or not they will win, and more importantly what they will win that people go to great lengths to protect against.
- FooBarWidget 17y agoIf their goal is to bankrupt you, then doesn't starting a lawsuit fulfill that goal, regardless of whether they win?
- irinotecan 17y agoThere are "anti-SLAPP" laws to deal with people filing frivolous lawsuits whose sole purpose is to bankrupt or silence you (or your business)