Re:Fucking Sue Me
by gnu6 on Sunday September 11, 2011 @08:41PM
(#2985370)
It's so easy to incorporate it should always be done. I assume when someone starts working with that kind of money and has knowledgeable lawyers advising them that they'll be told to do that.
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The point is that signing a contract for personal liability negates the incorporation.
Incorporating without sufficient capital makes it almost trivial to "pierce the veil" of incorporation and go directly after the company's owners.