But don't I own a corporation

Everyone knows that a corporation is a good shield for liability.  Most of the time, if there is a judgment against the corporation the officers and directors are not liable for the judgment.  However, whenever we take on a new matter we always check to be sure that the corporation is in good standing with the state of Texas.  Recently we took over a case for another lawyer who it filed a lawsuit against a corporation for an invoice that was past due.  The president in charge of the corporation was very unconcerned about the debt and was ignoring the prior lawyer.  After researching the debtor, we discovered that the corporation was no longer in good standing with the state of Texas.  So although the prior lawyer had filed a lawsuit against the corporation he did not include the officers and directors in that lawsuit.  The first order of business for us was to add the officers and directors to the lawsuit.  Once we had amended the lawsuit to include the officers and directors, we went to mediation and settled the case within a few days. 

Post-Judgment Interest Changes
But don't I own a corporation
Employees who Steal Are in Trouble
Sometimes You Can Take Their House
You Really Can't Hide
Filing Bankruptcy Won't Stop the Eviction
No, we won't take half to settle. Here's a garnishment instead.
"One of the Worst Days of My Life"
Of Debts- and Jerry Jones' Airplane
This Is Why You File Liens
Settle our Garnishment? Um, no.
If I pay you, then you can't foreclose on my house!
A Turnover for the Ex.
Take the 5th, lose your stuff.
Yeah, but what about the roof?
Um, That's My Airplane
What does a writ of possession look like?
Nice Landlords Finish Last
Rent it, don't steal it.
Watch out for the Girlfriend
Can You Get Arrested In Florida?
A TRO for All Seasons
An Old Lady Loses Everything
Magic Letterhead
Can You Handle The Truth?

Email:  Darrell W. Cook

Ask Your Legal Question Here