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Tag Archives: Personal Liability

Avoiding Personal Liability for Corporate Wrongs

By David Toback |

Many hear that one of the biggest benefits to forming a company is the avoidance of personal liability. The company is its own legal entity, able to sue and be sued, and when the company makes a legal error and owes money to another, it’s the company that’s liable, and not the owners or… Read More »

New Case Makes It Tougher to Avoid Individual Liability for Business Agreements

By David Toback |

Most of us are aware that one of the biggest protections of forming a corporation is the avoidance of personal liability for anything that the corporation may do wrong. Put another way, as a general rule, we can’t be sued individually for wrongs of our company. The company is its own individual entity, separate… Read More »

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