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Tag Archives: corporate liability

Default Judgment: Not Just for Plaintiffs Anymore

Posted on by Menn Law

Effective January 1, 2019, the Wisconsin Supreme Court adopted a petition that allows any party to obtain a default judgment against an opposing party for failing to comply with deadlines for answers and replies to complaints, counterclaims, or cross claims.  See Wisconsin Defense Counsel, WDC Tidbits, Nov. 2, 2018.  The law now states, “A default judgment may be […]

USING MULTIPLE ENTITIES FOR EXPANDED LIABILITY PROTECTION

Posted on by Menn Law

Corporations and limited liability companies (LLCs) provide their owners liability protection. An owner is generally not personally liable for the debts, obligations or other liabilities of these entities. Thus, virtually all businesses are legally formed as corporations or LLCs. Suppose your business is a corporation, and it has been renting its facility for years. It […]