Subscribe Subscribe   Find us on Twitter Follow POL on Twitter  



Origins of limited liability

Prof. Bainbridge punctures a couple of durable myths about the subject, pointing out that the idea of limited corporate liability, and the principle of treating corporations as legal persons, were by no means judicially devised innovations imposed by 19th century American courts (& more).



Rafael Mangual
Project Manager,
Legal Policy

Katherine Lazarski
Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.