Fact: Lisa Hayes sued Jennifer Collins seeking the repayment of a loan issues by her deceased husband to Collins corporation. After her husband's death, Hayes learned that her husband had been having an affair with Collins, and filed suit against Collins individually an answer denying individual liability for the corporate debt.

Decision: Judgement for Collins. The cardinal rule of corporate law is that a corporation possesses a legal existence separation and apart form its officers and shareholders; therefore, the mere operation of corporation business does not render one personally liable for corporation acts, including a corporate loan. [Hayes v Collins, 538 SE2d 785 (Ga App 2000)]

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