[asterisk-users] World Cheapest Predictive Dialer!

[C F]

On Fri, Jun 13, 2008 at 12:06 PM, Jay R. Ashworth <jra at baylink.com> wrote:
> On Fri, Jun 13, 2008 at 11:39:46AM -0400, Steve Totaro wrote:
> [ Alex: ]
>> > I'm quite certain this is already obvious and will simply be interpreted
>> > as a tautological affirmation of the obvious, but such co-mingling of
>> > personal and business assets -- whether with an evidently fraudalent
>> > purpose or not as such -- will generally not survive the "test of
>> > reasonableness" that must be satisfied for corporate liability to not be
>> > pierced.
>> >
>> > In other words, if you simply pay for your house in this manner, and
>> > then you declare bankruptcy or are sued by creditors or whatever, the
>> > courts will scavenge this sort of thing up as evidence that your
>> > corporate entity is a financial alter-ego to whatever degree, and
>> > declare that your house is actually, de facto, a personal asset and can
>> > be included in the asset classes potentially awarded by judgments to the
>> > plaintiffs.
>>
>> It is a legitimate real estate company renting you a place to live.
>> This asset protection tactic has been around for a very long time and
>> is legit.  Totally separate entities.
>
> Happens in the commercial world all the time; it's a common way to "get
> cash out of the corporation" -- a business's building is owned by the
> corporation's owners, and rented to the corporation.
>

This is actually illegal in some states and considered a breach of
Fiduciary everywhere.



> Cheers,
> -- jra
> --
> Jay R. Ashworth                   Baylink                      jra at baylink.com
> Designer                     The Things I Think                       RFC 2100
> Ashworth & Associates     http://baylink.pitas.com                     '87 e24
> St Petersburg FL USA      http://photo.imageinc.us             +1 727 647 1274
>
>             Those who cast the vote decide nothing.
>             Those who count the vote decide everything.
>               -- (Joseph Stalin)
>
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