Tag Archives: Identity

Identity

Know your identity

There are many businesses that operate as a group of companies, using multiple business entities. There’re several reasons for this, including legal risk containment, acquisition strategies, creative accounting, the curious growth path of the business, or for other reasons lost in time. Whatever the reason, doing business across multiple entities generally concerns no-one except the bookkeepers tasked with keeping some semblance of order. Until the time comes to sue. Because that’s when a little concept called locus standi could become more than a thorn in your side.