S corporation Question?
This is a discussion on S corporation Question? within the Starting a Business forum, part of the BUSINESS & FINANCE LAW category; I am considering a business venture with a partner which would entail a California S Corp. I have a pending ...
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Mar 26th, 2008, 04:16 PM
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S corporation Question?
I am considering a business venture with a partner which would entail a California S Corp. I have a pending civil case (non criminal in nature)that I may lose,which could result in a substantial judgement.What are the ramifications of this in relation to the corporation? Would it be relatively easy for the plaintiff to get at my assets if (hypothetically) I lose the case,or would the Corp provide a layer of protection? Thank You in advance!
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