Yellow Book Sales & Distrib. Co. Inc. v M & J Commodity Brokerage Corp., 2015 NY Slip Op 51652(U)(App. Term 2d Dept. 2015)
Lesson here on individual responsibility
“As the Court of Appeals stated more than 50 years ago: “[i]n modern times most commercial business is done between corporations, everyone in business knows that an individual stockholder or officer is not liable for his corporation’s engagements unless he signs individually, and where individual responsibility is demanded the nearly universal practice is that the officer signs twice — once as [*2]an officer and again as an individual”
