Not all legal entities are created equal

Part 10 in a series on the fundamentals of legal entity identity data. In the first post of this series, we introduced the traditional three-part taxonomy of legal personality: the natural person, the group acting in a defined capacity, and the legal construct. We flagged at the time that this was “a simplification that no longer represents legal reality” and promised to return to it. That debt comes due here. The taxonomy is not merely a simplification. It is a misleading frame – a tidy…