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Originally Posted by rickholio
... and certainly not the least concern, if your company performs a service (ie. you do work as a representative of YourCo, LLC) that results in a lawsuit, you're often personally shielded from the resulting litigation. I'm fortunate to not have had to experience this yet, but I'm told by some who have that they would have been ruined by a personal suit in the same situation.
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Not something I would say on GFY, because the "corporate veil" is a myth.