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by jt2190 38 days 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.
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Yes, i’m just elaborating on OP’s point. The US system is different and basically more optimistic on the front end.