The essential structure of judgment proofing.(protecting corporate assets from legal judgments): An article from: Stanford Law Review

This digital document is an article from Stanford Law Review, published by Stanford Law School on November 1, 1998. The length of the article is 6624 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A businesses can divide its corporate structure into an operating entity and an owning entity to escape judgment debt that arises from law suits. The operating entity conducts the business and is vulnerable to any liability the company may suffer. The owning entity controls corporate assets but is not subject to liability. Such a corporate structure renders businesses judgment proof. No principle of law exists that would allow courts to combine the two separate entities to combat judgment proofing.

Citation Details
Title: The essential structure of judgment proofing.(protecting corporate assets from legal judgments)
Author: Lynn M. LoPucki
Publication:Stanford Law Review (Refereed)
Date: November 1, 1998
Publisher: Stanford Law School
Volume: 51 Issue: 1 Page: 147(1)

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