UNVEILING THE BUSINESS – WHEN IS THE OWNER PERSONALLY LIABLE? (PART 1)
✨A Limited Liability Company or Joint Stock Company helps protect the Owner's personal property. But what if the Company is just a "cover" to evade financial obligations? Can the Court "Unveil the Business", forcing the Owner to take personal responsibility?
✨To learn more about the "Unveiling the Business" doctrine and the application of this doctrine in the United States, Businesses, Investors and Managers can refer to the article below of our DIMAC LAW FIRM Legal team.
💐DEEP THANKS TO THE DIMAC LAW FIRM AUTHORS FOR SHARING THIS THEORY:
DANG BA TUNG – Associate Lawyer
HOANG THANH THUY – Assistant Attorney
NGUYEN THI MY DUYEN – Assistant Attorney
👉In the next article, we will share about the Provisions of Vietnamese Law, the practice of applying this doctrine and important legal points.
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