Piercing the Corporate Veil
The so-called corporate veil is the legal designation of a limited liability company (LLC). The LLC designation is what offers business owners protection from legal responsibility for the company. When...
The so-called corporate veil is the legal designation of a limited liability company (LLC). The LLC designation is what offers business owners protection from legal responsibility for the company. When...
Many business owners mistakenly believe that they cannot be held personally liable for actions that were committed by or through their company. Although setting up your business as a separate legal...
The Corporate Veil: Don’t pierce it! “Piercing the Corporate Veil” refers to the situation when a court puts aside the protections that are normally associated with an incorporation. The very...
Are You Protected? We see it happen a lot. A business will set up a LLC, assume they are totally shielded from personal
LIABILITY Liability can be quite confusing to a small business. Do you know what you are personally liable for? What are the exceptions to liability? What is “piercing the corporate...