Join Date: Feb 2010
Location: Narragansett Bay
Thanked 364 Times in 343 Posts
Rep Power: 9
Re: Bounty Lawsuit Filed
.....the owner is probably a corporation or LLC, and getting past that entity will not be so easy......
This is a misperception on many peoples part. The corporate veil is real, but only to the extent that the individual did not personally contribute to the liability. In other words, if you own a share of IBM, you are not liable for its misdeeds, even though you are one of the owners.
However, establish a corporation wherein you are managing its affairs, you likely do remain personally liable. Not for the corporations misdeeds, but for your own.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
In the harsh marine environment, something is always in need of repair. Margaritas fix everything.