Legal Question in Administrative Law in Louisiana
Do you need to file a law suit before. The company goes out of buisness or can you Sue the owner
Asked on 12/21/11, 8:58 am
1 Answer from Attorneys
Adam Lambert
The Law Office of Adam S. Lambert
Generally, you cannot sue the owner. That is the purpose of the corporation. The business assets and debts are kept separate from the personal assets and debts. There are some exceptions, such as when there is fraud involved. However, those cases are very hard to prove.
Answered on 12/27/11, 8:29 am
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