{"id":6143,"date":"2021-06-24T13:09:33","date_gmt":"2021-06-24T17:09:33","guid":{"rendered":"https:\/\/www.khflaw.com\/news\/?p=6143"},"modified":"2021-07-06T13:23:44","modified_gmt":"2021-07-06T17:23:44","slug":"legal-intelligencer-a-primer-on-pennsylvanias-participation-theory","status":"publish","type":"post","link":"https:\/\/www.khflaw.com\/news\/legal-intelligencer-a-primer-on-pennsylvanias-participation-theory\/","title":{"rendered":"Legal Intelligencer: A Primer on Pennsylvania\u2019s Participation Theory"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-6144\" src=\"https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People-1024x576.png\" alt=\"Three coworkers collaborating. \" width=\"1024\" height=\"576\" srcset=\"https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People-1024x576.png 1024w, https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People-300x169.png 300w, https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People-768x432.png 768w, https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People-1536x864.png 1536w, https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People-1000x563.png 1000w, https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People-213x120.png 213w, https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2021\/07\/Business-People.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>In the June 24, 2021 edition of <a href=\"https:\/\/www.law.com\/thelegalintelligencer\">The Legal Intelligencer<\/a> Edward T. Kang, managing member of Kang Haggerty, wrote &#8220;<a href=\"https:\/\/www.law.com\/thelegalintelligencer\/2021\/06\/24\/a-primer-on-pennsylvanias-participation-theory\/\">A Primer on Pennsylvania&#8217;s Participation Theory.<\/a>&#8221;<\/p>\n<p>One of the primary benefits of organizing a business as a corporation (or similar entity) is limited liability protection. By establishing the corporation as a separate legal entity, its actions become distinct from the individuals running it. For the corporation\u2019s shareholders, this provides downside certainty; the maximum liability exposure they face (in general) is the value of their investment. Since the losses stemming from personal liability are theoretically infinite, investors relish the corporate form\u2019s ability to mitigate risk. <a href=\"https:\/\/www.khflaw.com\/news\/legal-intelligencer-a-primer-on-pennsylvanias-participation-theory\/#more-6143\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the June 24, 2021 edition of The Legal Intelligencer Edward T. Kang, managing member of Kang Haggerty, wrote &#8220;A Primer on Pennsylvania&#8217;s Participation Theory.&#8221; One of the primary benefits of organizing a business as a corporation (or similar entity) is limited liability protection. By establishing the corporation as a separate legal entity, its actions [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":6144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[480,484,414],"tags":[336],"coauthors":[535],"class_list":["post-6143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-litigation-and-dispute-resolution","category-business-torts","category-publications","tag-legal-intelligencer","publication_lawyer-edward-t-kang"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Legal Intelligencer: A Primer on Pennsylvania\u2019s Participation Theory &#8212; Kang Haggerty News &#8212; June 24, 2021<\/title>\n<meta name=\"description\" content=\"In the June 24, 2021 edition of The Legal Intelligencer Edward T. Kang, managing member of Kang Haggerty, wrote &quot;A Primer on Pennsylvania&#039;s Participation &#8212; June 24, 2021\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.khflaw.com\/news\/legal-intelligencer-a-primer-on-pennsylvanias-participation-theory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal Intelligencer: A Primer on Pennsylvania\u2019s Participation Theory &#8212; Kang Haggerty News &#8212; June 24, 2021\" \/>\n<meta property=\"og:description\" content=\"In the June 24, 2021 edition of The Legal Intelligencer Edward T. Kang, managing member of Kang Haggerty, wrote &quot;A Primer on Pennsylvania&#039;s Participation &#8212; June 24, 2021\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.khflaw.com\/news\/legal-intelligencer-a-primer-on-pennsylvanias-participation-theory\/\" \/>\n<meta property=\"og:site_name\" content=\"Kang Haggerty News\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-24T17:09:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-06T17:23:44+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/localhost\/news\/wp-content\/uploads\/2021\/07\/Business-People.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1125\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Edward T. 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