Legal Question in Business Law in Texas
I have started working with a partner. We both have LLCs, and the business we will be working on matches well with the established brand of her LLC. However, she has been commingling funds. Is there signficant long-term risk, assuming I get the accounting back in order and there is no more commingling? Or is that LLC too easy to pierce now, so we should use mine?
1 Answer from Attorneys
You should, in theory, be able to clean up her LLC. But this is always risky. There are options although.
If you want to explore them call me at 281 704 6740, or email [email protected]
This is not nor should it be considered an acceptance of representation or the offering of legal advice, it is merely a general answer to a legal question, and an invitation to explore a legal matter more fully.
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