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Unless they can "pierce the corporate veil" my understanding is no. We are assuming that you didn't commingle the assets of the corporation with your assets or the like. Are you being sued personally or is it the corporation that is being sued and you are wondering whether you will be liable as a result of the corporation being sued?Originally posted by phyld:
I am half owner of an s corp. and we are being sued. Can they touch our personal assets?? We are an Insurane agency, in NC.
Originally posted by phyld:
I am half owner of an s corp. and we are being sued. Can they touch our personal assets?? We are an Insurane agency, in NC.