• This is fine🔥🐶☕🔥@lemmy.world
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    18 days ago

    isn’t the one of the main purposes of creating an LLC or Corporation to shield your personal assets from the company’s finances?

    It is but it is not written in stone for all eternity. If people are abusing this law, like Musk, then it gets amended or rewritten.

    • tekato@lemmy.world
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      18 days ago

      I agree. They can try to change the laws, and if the majority of those with voting powers agree on a way to handle these cases while doing more good than harm, I’m sure few would complain.