Legal Question in Business Law in Florida
If someone sues a company (Inc or LLC) can the company's creditors be liable?
Asked on 9/29/09, 10:30 am
2 Answers from Attorneys
Sarah Grosse
Sarah Grosse, Esquire
The answer is no, but there is obviously much more going on here. You need to hire an attorney to help you.
Answered on 9/29/09, 11:42 am
Lesly Longa
Longa Law P.A.
If you acted in your corporate capacity (as an officer, employee, or director) and without the intent to defraud creditors, only your corporate assets can be used to satisfy a judgment against your company. However, you are still liable for your own personal torts or any business debts that you personally guarantee. Please feel free to contact me for additional assistance.
Answered on 9/29/09, 9:24 pm
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