If an O/O is leased on to a company, can he still be sued or would they have to sue the company itself? I.e., who is liable, the o/o or the company he is leased on to?
Can an O/O be Sued if he is leased on to a company?
Discussion in 'Trucker Legal Advice' started by heysteveh, Mar 14, 2010.
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heysteveh Thanks this.
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heysteveh Thanks this.
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My next question is if I am leasing on to a company do I need to do an LLC to keep myself safe from beng sued, or is a "DBA" (doing business as) good enough if I am leasing on to a company?
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bullhaulerswife, The Challenger, Mastertech and 1 other person Thank this.
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whole point of llc is LIMITED LIABILITY. however, you as a driver are responsible for what you do. if you hire a driver and he screws up, he's getting sued and your business is getting sued, your personal stuff is probably ok. if you are driving, you are getting sued as well as your business. other thing is until you get good business credit, you have to cosign for your business. so if your business gets sued, and they take it's assets(the truck), you are in trouble if you dont have the money on hand to pay things off.
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For the most part, it stays at the corporate level. I maintain additional insurance at the personal level as well. -
It would still be wise to LLC or Incorporate, in which case there's a chance somethings will be left out; which in case of a sole proprietor may not, make sense?
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