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Barnes & Noble's Common Sense Suggestions to the FTC and DOJ on Patent Trolls ~pj | 172 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Barnes & Noble's Common Sense Suggestions to the FTC and DOJ on Patent Trolls ~pj
Authored by: Wol on Thursday, April 25 2013 @ 05:16 PM EDT
Tear the veil!!!

If the purpose of the corporation is, or appears to be, the avoidance of
liability, then let the Judge declare the incorporation invalid!

At which point the shareholders and directors pick up the tab for the actions of
the corporation!

The whole point of Limited Liability is to protect the shareholders and
directors from the unexpected consequences of accidental mistakes. If the
incorporation appears to have been undertaken to protect shareholders and
directors from the forseeable consequences of their actions, then that
protection should be taken away!

Cheers,
Wol

[ Reply to This | Parent | # ]

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