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Zinn & Lorand, Attorneys We are located in Southern California and represent clients in Orange, Riverside, Los Angeles, San Bernardino and San Diego counties.
Featured legal information article. -- Business Entity Mistakes – Criminal Conduct and Independence. In this age of information, most small business owners understand they need the protection provided by a corporation or limited liability company. Such protection, however, can be lost though certain actions. Criminal Action. Creating a business entity only protects a business and shareholders from civil liability. Civil liability arises from a body of state and federal law that allows for compensation for alleged wrongs. These wrongs can arise in the form of negligence, contractual breach and so on. If an entity is found civilly liable, it must pay compensation, but no jail time is involved. Neither a corporation, limited liability company nor any other entity will protect anyone from criminal liability. See Business Entity Mistakes – Criminal Conduct and Independence for the complete article.
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