But I think it does raise a point. Generally,(in US Law) a corporate officer, acting within an official capacity, is shielded from personal liability. It is a basic tenet of the corporate form that officers and directors are free to rely upon the corporate form to protect personal assets from awards and judgments levied against the corporation. Typically, a plaintiff seeking to establish an individual’s personal liability for what appears to be a corporate act must "pierce the corporate veil." Factors considered when deciding when to pierce the corporate veil include whether:
* the corporate form was used for fraudulent or illegal purposes;
* the corporation is adequately capitalized;
* the corporation complied with corporate formalities; and
* the corporation is, in fact, an alter ego.
From what we have gleaned, the CoS and RTC violate at least 3 of the 4 above points.
It might be more productive to get documentation form Marty about the above, so that the corporate veil can be pierced once and for all, and this beast put to rest.