Legal Question in Employment Law in New York
Company closing
I closed my corporaton because of lack of funds to operate the business. Neither my employees nor I received the last two weeks salary. Can I be sued personally for this money? Corp veil notpierced
Asked on 6/09/07, 2:57 pm
1 Answer from Attorneys
Anthony Colleluori
The Law Offices of Anthony J. Colleluori & Associates PLLC
Re: Company closing
Yes, in fact you can be prosecuted by the labor department. Failure to pay employee's is a crime. Speak to your accountant immediately.
Answered on 6/10/07, 10:14 pm