Civil Litigation,
Corporate
Oct. 28, 2014
Discomfort dealing with limited liability
The object of this article is to provide an overview of limited liability issues, including the rationale and origin of limited liability, the alter ego doctrine, and other alternatives to the doctrine.
Hollywood Courthouse
Robert Steven Harrison
Site Judge
Los Angeles County Superior Court
Mental Health
Loyola Law School, 1984
One of an attorney's clients fills a huge order only to find that its customer goes out of business and cannot pay. Another is injured at a store with lapsed insurance. A gnawing doubt sends the attorney back to search his files only to find out that the defendant is a corporation, meaning there may be little or no recovery. Hearing the attorney explain the concept of limited liability, the client replies, "You mean I've been hurt and nobody is going to pay? Can't you sue the owners? Wha...
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