Monday, September 27, 2010

Corporations, don't get in trouble with the court!

A corporation is a separate legal entity from its owner. However, in excrutiating circumstances, the court will "pierce the corporate veil" and ignore the separatedness of the entities. This happens when the individual using the corporation as a tool to avoid liability and the individual doesn't respect the separatedness of the entity. What are you doing to make sure you don't "pierce the corporate veil?"

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