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Starlink tells Brazil regulator it will not comply with X suspension
(www.reuters.com)
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this post was submitted on 02 Sep 2024
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You can limit liability by creating separate entities and this is absolutely the standard, at least in the US. You would have to be very ignorant, or have sought no outside counsel, if you have some kind of decently profitable business and haven't done so. It's the whole point of these legal structures, such as LLCs. I don't know the particulars of the case, nor the particulars of Brazilian law, so I don't really know if it the case here.
That being said, speaking from an only slightly informed US perspective, if they are suing Musk himself, then yes they can absolutely go after his assets, which would include ownership in Starlink and X. However, if they fined X, it wouldn't even remotely be a stretch that they do not have the legal authority to lock down Starlink accounts, as they are two separate entities that are presumably linked only by common figurehead.
State fines against a company aren't a civil matter. Brazil isn't suing anyone, they're enforcing compliance with law by means of fines and the laws governing that would be written shoddily indeed if you could avoid fines by incanting "limited liability" like some sovereign citizen. "I'm not breaking laws, I'm doing limited liability business".
Nor did I say anyone was suing anyone. I was just drawing up an example of a case how they could go after both entities. In this case, it appears the fine was levied against X, and not Musk.
And no one is talking about "avoiding fines." WTF are you even on about? We are talking about them seizing Starlink assets because of fines levied against X. Musk doesn't even own a majority share of SpaceX (who owns starlink). You are confusing "the face of" with "the legal entity."
You are. Who is going to pay the fine against X? If Starlink doesn't like it they're free to sue Musk for the money back. They can cancel a couple of his shares to cover it. I don't care. Brazil doesn't care. The fine has been issued, and it's going to be paid.
Blatantly lying about what I've said just indicates to me that you have no interest in getting to the truth, so I won't bother any further.