A LLC is used to protect the person or people behind Solar Co. so their personal assets can not at risk. However in recent years some attorneys are now using the Alter Ego premise in order to pierce the corporation veil.
The goal of piercing the corporation veil is to go after the person or people BEHIND the company personally. In other words, if the individuals behind the solar companies, discover their personal assets are in danger, they are more apt to settle a lawsuit.
Alter Ego
A rational for piercing the corporation veil is based on what is known as alter ego liability. What this means is that when an individual and a company are so closely linked that they should not be viewed as separate entities for legal purposes, the shield against personal liability will not be applied.
Basically, once the board members personal assets are at risk, they are much more likely to settle any lawsuit and decide to NOT build a solar farm in a particular neighborhood.
This fight against solar farms is going to last for decades. Many people have given up their fight and that just makes it harder for those individuals that are still facing the prospect or will face the prospect of loosing their neighborhood farms to the ugly solar or wind farms.
So, keep fighting. If not for yourself, do it for your children, grandchildren and future generations.
For more information Click Asset Protection articles/piercing the LLC Veil
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