Typically, a corporation's owners, managers and employees are not personally liable for the debts and obligations of the company. As with every rule, there are exceptions to the corporate liability shield rule. One such exception is known as "piercing...
Are your companies too close for comfort? A recent New Jersey case illustrates the principle that New Jersey courts may have jurisdiction over business entities if they "lead a double life" in New Jersey. Consider the following... The Case... The facts of...
There's the rule, and then there are the exceptions... Most businesspeople know that conducting business through a limited liability company (LLC) or corporation shields their personal assets. That is, as a general rule, LLC...