Not even now the capitalist owners are individually and directly liable for losses. That’s the whole point of LLCs, limited liability companies. If the corporation goes bust the owners are not liable. The corporation just declares bankruptcy.
novibe
joined 2 years ago
But yeah… exactly? The individual investors can’t be made to pay for debt or any other liabilities. All has to come from the LLCs assets, and if there aren’t enough, tough luck.