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dickthegrouch

(4,513 posts)

7. Is there a case for bankruptcy piercing the corporate veil?

Reply to WilliamPitt (Original post)

Tue Jul 8, 2014, 06:26 PM

Jul 2014

If a company no longer exists technically, because of bankruptcy, I think the officers who caused the damage, and are no longer protected by the corporate veil because it no longer exists, should be individually liable (again) for their negligence.

I say the 300,000 people harmed should individually sue the officers for their restitution.

Can some smart attorney turn that into a reality? (It might coincidentally help make bankruptcy less attractive to scofflaw corporations ).

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Highlight:

OSHA goes all Medieval on Freedom Industries...y'know, or not. Like, at all. [View all] WilliamPitt Jul 2014 OP

This message was self-deleted by its author Adam051188 Jul 2014 #1

WTF Autumn Jul 2014 #2

Did OSHA miss the secret bankruptcy. GeorgeGist Jul 2014 #3

If it had been $11K per DAY.............. CaliforniaPeggy Jul 2014 #4

Strangely enough, that's an appropriate OSHA fine jmowreader Jul 2014 #5

Amazingly, I doubt anybody will read your post, even though it's the most reasoned response MohRokTah Jul 2014 #8

Smaller guvmint! Less regerlations! Freeeeedum! progressoid Jul 2014 #6

Is there a case for bankruptcy piercing the corporate veil? dickthegrouch Jul 2014 #7