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October 15th, 2009 · No Comments

One of the benefits of operating a business through a corporation is limiting liability to just the assets of the corporation.However, under some conditions, a plaintiff or creditor may pierce the “corporate veil” and seek monetary remedies; discount viagra online.The usual target is owners of a corporation who have not treated it as a separate financial entity, who have undercapitalized the corporation or raided its assets, and who have not respected the boundaries of the corporation – discount viagra online.When the courts decide that respecting the separate corporate existence would lead to injustice and promote a fraud, they will allow the “corporate veil” to be pierced; discount viagra online.This usually means that the human owner of a corporation is held liable. Discount viagra online: but in a recent case, the actions of other entities made them liable for $2.5 million in benefits and other obligations owed by another corporation to its employees. Discount viagra online: laborers’ Pension Fund v.Lay-Com, Inc., Case No.06-3711 (7th Cir.Sept – discount viagra online.2, 2009); discount viagra online.http://caselaw.lp.findlaw.com/data2/circs/7th/063711p.pdf

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