Comment Re:Can anyone here see a problem? (Score 1) 433
I would agree it seems that corporations get away with this stuff. But they don't have to. This case for example, a quick bit of research on Sony of America's site says they are based in NYC. So I would think that NY laws apply to the company. Under "Article 11 - JUDICIAL DISSOLUTION Section 1101 - Attorney-general's action for judicial dissolution." of the NY state code, it seems that if the States Attorney General wishes they can request that the company be put on trial by jury, for committing illegal acts. With remedies that include the company loosing it's incorporated status
If someone knows why things like this don't happen (other then the state wanting the businesses tax revenue and the potential investor outcry) I would love to hear.
If someone knows why things like this don't happen (other then the state wanting the businesses tax revenue and the potential investor outcry) I would love to hear.