that CPI had sustained actual damages. See DeJong, supra, 162 Ga. App. at 530 (1). There was no evidence that these were liabilities owed by CPI. Consequently, CPI lacks standing to pursue any damages belonging to H&I or NCO. See Augusta Tennis Club, supra, 219 Ga. App. at 94 (1). (b) Oami’s Damages “It is axiomatic that each corporation is a separate entity, distinct and apart from its stockholders.” (Citation and punctuation omitted.) Accurate Printers, Inc. v. Stark, 295 Ga. App. 172, 175 (1) (a) (671 SE2d 228) (2008). Canton Plaza was owned in the name CPI. Although Oami was the owner of CPI, he did not enter into the contracts underlying this lawsuit — the promissory note and security deed — in his individual capacity. As a result, Oami was not a party to those contracts. Cf. id. (<HOLDING>). Therefore, Oami was not entitled to pursue
holding that corporation and sole owner of corporation were separate legal entities and corporation was not party to contract signed by owner in individual capacity holding that claims of corporation vest in corporation holding that a corporation could be served by delivering a copy of the subpoena to an officer or managing or general agent of the corporation and that the agent could be an individual a partnership or another corporation holding that the individual defendants were acting as principals andor officers of the corporation and therefore there was no third party present to interfere in the relationship to which their corporation was a party holding individual who signed contract on behalf of a corporation is individually liable where he knew corporation was not incorporated at the time the contract was executed