Hacker News new | past | comments | ask | show | jobs | submit login

If the corporation was created for "wrongful conduct" to avoid legal fees, the court can and will pierce the corporate shield.

But you're right, piercing the corporate shield is difficult.

IANAL, just a wikipedia reading engineer.

https://en.wikipedia.org/wiki/Piercing_the_corporate_veil#Un...




How is it wrongful conduct to use a corporate structure to limit liability? That is exactly what corporations are for.


You can't limit the liability on penalties for breaking laws.

Some laws are clear and unambiguous, for example no one uses a corporation to shield themselves from a murder investigation.

Others laws can be fuzzier, like the laws that separate harassment and real intellectual property lawsuits.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: