Client is contractor and a New York corporation which is now out of business.
Client was a sub-contractor on job in NY and was told by GC that it had the necessary Workers Comp in place. Turns out GC had NJ workers comp which is not recognized by NY. Now NY is demanding around $100,000 in premiums, penalties, etc. No claims ever made.
Are client’s principals/officers personally liable or can they just close the corporation and/or let it die a natural death?
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