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However, under special circumstances, a court may “pierce the veil” of an LLC and hold a member or a manager individually liable. [read post]
2 May 2012, 4:00 pm by Trusts EstatesProf
A builder, through his company, entered into a contract with Owner, as the managing member of Owner’s LLC (SMLLC). [read post]
8 Apr 2020, 6:00 am by Ackerman Law Office
Gallagher was also the chief operating officer of Stantefort Property Management Inc. [read post]
8 Apr 2020, 6:00 am by Ackerman Law Office
Gallagher was also the chief operating officer of Stantefort Property Management Inc. [read post]
8 Apr 2020, 11:11 am by Ackerman Law Office
Gallagher was also the chief operating officer of Stantefort Property Management Inc. [read post]
27 May 2021, 6:28 am by John Jascob
The court laid out a framework that it then used to hold subsidiary LLCs liable for an appraisal judgment that stockholders held against the LLCs’ member. [read post]
15 Oct 2010, 8:03 am by Steven Boutwell
R.S. 12:1310.1, which provides that when immovable property is acquired by an individual-who is acting in any capacity for and in the name of any LLC-and the LLC is later issued a certificate of organization, the LLC's existence is retroactive to the date of acquisition of the interest in the immovable property. [read post]
15 Apr 2012, 8:14 pm by John Nastasi
Mere ownership of subsidiary’s stock and overlap in management is not enough. [read post]
29 Jun 2020, 3:00 am by Robert Kreisman
To make matters worse, Santefort Family 2012 Irrevocable Trust reportedly owned numerous affiliates, including Santefort Real Estate Group LLC (which owned the defendant, Santefort Family Holdings), Midwest Home Rentals LLC, Santefort Services LLC, Santefort Property Management Inc. [read post]
18 Jan 2018, 12:32 pm by IncNow
Creditors are not entitled to LLC property or an ownership stake in the LLC, while The Uniform LLC Act does not always provide the same protection to LLCs formed in states that adopted this Act. [read post]
21 Jun 2022, 4:07 am by Cari Rincker
Not only can you manage and pass on a family business through an LLC, you can also place assets in the LLC such as rental properties and vacation homes. [read post]
9 Sep 2021, 9:57 am by Edward T. Kang and Ryan T. Kirk
To remedy this deficiency, Mortimer filed actions seeking to impose liability on the individual owners and their property management company, which she believed could be held liable under an enterprise theory of liability. [read post]
13 May 2022, 8:13 am by Edward T. Kang and Ryan T. Kirk
To remedy this deficiency, Ryan Mortimer filed actions seeking to impose liability on the individual owners and their property management company, which she believed could be held liable under an enterprise theory of liability. [read post]
26 Nov 2016, 8:23 pm by Patent Docs
Matthew Cutler, Harness of Dickey & Pierce PLC, David Kelley of Ford Global Technologies LLC, and Kimberly Schmitt of Intel Corp. will consider best practices for in-house counsel regarding the decision to launch an inter partes review (IPR) proceeding against a patent and managing the process of AIA petition and trial. [read post]
20 Mar 2019, 8:43 am by Anthony Bareno
Failing to follow this procedure can result in a court piercing the veil and going after the individual owners assets.3. [read post]
12 Jan 2023, 1:16 pm by Matthew Dochnal
An LLC itself is a legal person that can own assets like real estate or intellectual property and trademarks. [read post]