Tag: liabilities

The corporate structure of one's business provides shelter for the personal assets.There are many events which will result in a judge to overlook the corporate entity or "pierce the organization veil." There are many reasons why the organization veil could be pierced.Additionally, there are several simple actions that can be done to avoid the organization veil from being pierced.The corporate veil could be pierced in case a party is tricked or misled into coping with the corporation instead of a person...