

Unfortunately the Corporate Veil exists in the US (and most other) legal systems. I personally believe that this is a major root for all of the bullshit we have to deal with on a daily basis. You kill someone, you go to prison. A company has shitty safety intentionally to save money and someone dies, nobody sees prison. CEOs always say they deserve the money because they take the risk… Let’s make that very true.

Honestly, I have thought long and hard about how to handle the situation where a company commits crimes as a result of their decisions and how to remove the concept of the corporate veil in a way that provides just protections.
Essentially there would need to be an affirmative defense wherein the board and executives must admit to the wrongdoing, but prove beyond a shadow of a doubt that the actions were taken by employees with malicious intent against the corporate leadership, either as a whole or against a subset. This means it cannot be weaponized to take out a boss you don’t like, but also it makes it very hard to get out of someone being held criminally liable.