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To: CFW

That the quack “judge” in this case just made a pronouncement there was “...no legal distinction between Trump’s personal account(s) and his business...” Illustrates just how corrupt he is. He cites no evidence to support his pronouncement. I have been involved in debt collection for many years and often had to attach assets not held in the name of the creditor. These were assets fraudulently transferred from the creditor to another person, usually a relative or close associate. The legal theory is called nominee/alter-ego. Before I could attach those assets I had to submit EVIDENCE the assets transfered were not an arms-length transaction, or were transferred for less than adequate consideration. There is a legal distinction between one’s personal activities and one’s business activities. No quack judge—democrat or not—can simply waive a magic wand to make the distinction go away. If there was no difference between personal and business why do we allow the existence of corporations, LLC’s, or partnerships?


8 posted on 04/22/2024 4:35:28 PM PDT by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
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To: Auntie Dem

In order to hold someone personally liable for corporate misdeeds, you have to “pierce the corporate veil” first. I have seen nothing in these NY cases that signifies that any veil piercing was done.


9 posted on 04/22/2024 4:51:09 PM PDT by jpp113
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To: Auntie Dem
That the quack "judge" in this case just made a pronouncement there was "...no legal distinction between Trump’s personal account(s) and his business..." Illustrates just how corrupt he is.

It's worse than that.

This retard just undermined any sound, rational decision to register a company in the State of New York. He's basically stripped every corporate officer and executive in New York of the legal protection afforded to them personally through certificates of incorporation, etc. He's issued a total and complete piercing of every shield of legal protection that is given through the establishment of all corporations in the state.

11 posted on 04/22/2024 5:05:56 PM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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