Shields and Swords
- January 27, 2010
- Posted by: Christopher Hanson
- Category: Real Estate
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Need some polish for your “Corporate Shield?”
Many brokers (agents too) have set up corporations for themselves to protect against claims. Then they forget about the annual “formalities” or use the “company” money for personal expenses – which allows a plaintiff to “pierce the corporate veil” and go after their personal assets.