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Wednesday, April 17, 2013

Company Owners Personally Liable for $3.1 Million Withdrawal...

... to observe business formalities and holding property personally. In Central States Southeast and Southwest Areas Pension Fund v. Messina Products, LLC , the U.S. Court of Appeals for the Seventh Circuit ruled that an owner can be personally liable ...

http://www.jdsupra.com/legalnews/company-owners-personally-liable-for-3-98447/

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