| ▲ | jt2190 3 hours ago | |
But the larger point still stands: Limited liability was granted “on the front end” without the entity needing to demonstrate a minimum amount of capital. You’re only pointing out that in the U.S. that it’s possible that “on the back end” the owners of the entity might become personally liable. | ||
| ▲ | rayiner an hour ago | parent [-] | |
Yes, i’m just elaborating on OP’s point. The US system is different and basically more optimistic on the front end. | ||