Piercing the veil of limited liability companies (LLCs) allows a court to disregard the separate corporate personality of the company and its member(s) to reach the assets of the members and hold them ...
A corporation is a separate legal entity. This status normally insulates its owners or shareholders from personal liability for the corporation’s obligations. But Texas law recognizes exceptions to ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
In the recently concluded Cornell Glasgow, LLC v. Nichols, the Delaware Court of Chancery endorsed and upheld shielding individuals from personal liability through the "best practices" use of limited ...
Corporations are entities providing liability protection to investors. This means, in normal circumstances, the owners of a corporation — its shareholders — are not personally liable for the ...
Legal and economic scholarship views the provision of asset partitioning (the separation between the assets of the corporation and its shareholders) as the essential economic role of corporate ...
Several amici weighed in late last week on a trademark petition to the U.S. Supreme Court that asks whether “an award of a ‘defendant’s profits’ under the Lanham Act…can include an order for the ...
With a view from my Midtown office, I have watched the on-again, off-again construction of an office tower by famous Atlanta developer John Dewberry. Or infamous, depending on to whom you talk, given ...
In September 2024, I filed a case for illegal dismissal and money claims against my employer, AAA Security Agency. Luckily, the Labor Arbiter granted all my claims, and I was awarded a total judgment ...
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