Legal Question in Civil Litigation in Georgia
[email protected] inc. civil action against ceo,
Once a company become inc.is the owner or ceo.separated from personal liability from civil action judgment.
Asked on 7/17/01, 10:59 pm
1 Answer from Attorneys
Hugh Wood
Wood & Meredith
Re: [email protected] inc. civil action against ceo,
Given that your question is only 18 words long, it is hard to provide a definite answer. The purpose of an INC., generally, is to sheild the owners from Personal Liability. If the CEO "indended" to hurt someone, though, the Inc. usually will not be a shield. If you want a further answer, check with a local lawyer concerning whether the creditor or potential plaintiff can "pierce the corperate veil." HCW
Answered on 7/18/01, 6:34 pm