Legal Question in Business Law in Maryland
LLC business
We currantly have an LLC company and a lendor wants to put a judgement against the owners and a lean towards the personal property, Can they do this?
Asked on 5/04/09, 5:56 pm
1 Answer from Attorneys
Denese Dominguez
Law Office of Denese Dominguez, LLC
Re: LLC business
An LLC is used to protect the personal assets of a business owner if a lawsuit is filed against the business. There are, however, a few exceptions which will allow the plaintiff to "pierce the veil" and go after personal assets. Without knowing more about the business and the suit, I cannot answer that question. Feel free to call if you would like to discuss.
Answered on 5/05/09, 10:28 am
Related Questions & Answers
-
International Buying & Selling I have a friend who lives in Korea, and who... Asked 5/03/09, 10:21 pm in United States Maryland Business Law
-
Business partner fired My Dad owns 49% of a small business. The relationship has... Asked 4/20/09, 9:03 pm in United States Maryland Business Law
-
Used car I purchaced a used car in late Feb. I used my truck and 1,000 dollars for a... Asked 4/13/09, 11:27 am in United States Maryland Business Law
-
On-line Art Sales I am an Artist residing in MD. I would like to sell my work... Asked 4/12/09, 5:35 pm in United States Maryland Business Law
-
How can I find out comany shareholders in md My ex is trying to hide assets in a... Asked 4/10/09, 1:30 pm in United States Maryland Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
