Developer Lesson 3: The corporate veil is thin – protect yourself.
November 18, 2021
Just because your company has environmental insurance, doesn’t necessarily mean that ‘you’ do.
Are you a director or officer of a company that buys or develops land? Well, you are not the company, and the law is different for you. If the company attracts liability, you can be on the hook separately, personally, and for different reasons. Know the laws that apply directly to you and your conduct, particularly if the company buys contaminated land to develop. Environmental laws are written to hold the people who run companies accountable, not just their companies.
Would you like a better understanding about how to protect yourself, as corporate director? Contact Richard Bereti ([email protected]) or Una Radoja ([email protected]).
Important Notice: The information contained in this Article is intended for general information purposes only and does not create a lawyer-client relationship. It is not intended as legal advice from Harper Grey LLP or the individual author(s), nor intended as a substitute for legal advice on any specific subject matter. Detailed legal counsel should be sought prior to undertaking any legal matter. The information contained in this Article is current to the last update and may change. Last Update: November 18, 2021.
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