Legally speaking, this is a very nuanced subject. However, by all accounts, a company is incorporated as a separated entity in the eyes of the law.

If a company falls in debt, only the company assets are at risk, nothing is to stop directors to not assume responsibility for company debt unless found acting wrongfully.

Can't believe I have to research this subject to get my facts right.

To go back to our main points, I just don't see the possibility of the idea of companies going away overnight.

The DAO is great an all.. But history shows that the moment things goes south everyone immediately lawyers up and asked "which company is behind the DAO". It was a fun week on Reddit for me Tbh.

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