June 17, 2008, 10:28 am
Purchasing an established corporation
DH, Wauna, Wash.
Instead of going through all the hassles of starting a new corporation (S-Corp, LLC, etc.) what is the recommendation for pursuing a dormant corporation? If I were able to verify that the current status of said company is in good standing, then what would be the recommendation?
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I've read that you should not, due to potential lawsuits/liabilities stemming from actions prior to your purchase.