Established Contributor
203bravo
Posts: 736
Registered: ‎08-25-2008
Re: Corporation's judgement on Officer's account?

It may have some impact depending of if this was your dad's company or if he was simply an employee.  Also, how the suit was filed will be important - if it was your dad's company and not a LLC or INC then your dad would most likely automatically be heald liable.

 

If your dad was an employee - was he personally named as a defendant, if he was then he is liable, but there there should be a seperate verdict and judgement just for his part.