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Asset shielding: Valid tool for families, business owners and executives

March 28, 2014

The rule is clear, but its application is quite inefficient. As a result, measures must be taken to prevent the assets of families, business owners and executives from being affected by debts that do not concern them. The rule: the liability of partners for the liabilities of a corporation organised under the form of limited liability is limited to the value of their shares in the share capital (Article 1052 of the ...

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