Can a Corporation that is no longer active or in business bring a legal action against an individual and if so, prevail?
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Can a Corporation that is no longer active or in business bring a legal action against an individual and if so, prevail?
See general question above.
Asked on April 20, 2018 under Business Law, Washington
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
If it still exists--that is, if it has not been dissolved--then yes, it can sue an individual, the same way a person (remember: a corporation is a legal person) who is retired or unemployed can sue. As long as a person--natural or corporate--exists, it can sue (or be sued). If the corporation has been dissolved, however, then it cannot; it no longer exists.
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