Woggy's Zeonic Frolicks@Christmas_Man @Terry @transgrammaractivist @DEERBLOOD @Kang_Kong3 @Punished_Potatus That liability shield requires STRONG diligence behind the scenes, though. Many fail to do that, they file the paperwork and do whatever's easy, so when the courts look at it they say there's no diff. between you and the biz. You have to make sure it's not used as a personal piggy bank, that you treat it like you would a real job and company.
(Given how sloppy they are I've long said they probably lack a robust corporate shield, I suspect that's why Conte got freaked out, he realized the LLC wasn't shielding him at all and they could go after his house)
IDK what criminal liability is for breaking that, AFAIK it's just tax implications and the fact that people can treat your assets like the company's should they sue you
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