logoalt Hacker News

rayinertoday at 2:54 PM2 repliesview on HN

In theory it’s based on whether the owner of the company intended to run it under capitalized in an effort to shirk liability.


Replies

jt2190today at 4:18 PM

But the larger point still stands: Limited liability was granted “on the front end” without the entity needing to demonstrate a minimum amount of capital. You’re only pointing out that in the U.S. that it’s possible that “on the back end” the owners of the entity might become personally liable.

show 1 reply