Archive for Business Law

Piercing the Corporate Veil

In the Commonwealth of Pennsylvania, as in many other states around the country, the formation of an LLC is an option available for business owners who wish to protect their personal assets from liability.  As with a corporation, the members…

What is a Durable Power of Attorney?

What is a Durable Power of Attorney?

Before we can begin talking about power of attorneys, it is important to define what an agent and principal are. If it is your power of attorney, you are the principal. The agent is the person who is authorized to…