I own 100% ownership of an LLC. I started this LLC because everyone gave me advice that if the company is sued, the banks won't go after my car, my house or etc.
As I dig deeper into the legal framework I realized that in many cases the directors are always being personally implicated in tort law suits. Some have to pay the lawsuits for the rest of their lives. Some have their assets confiscated.
A company always acts on the direction of it's directors and a tort lawsuit can be filed on the directors. It becomes more incumbent if there is only one director of the company.