Pursuing Marital Property Before and After Dissolution of Marriage. You just obtained a whopping judgment for your client against XYZ Corporation, which promptly closes its doors. Fortunately, your client was prudent enough to obtain the personal guarantee of XYZ’s principal, Harry, and you have judgment against him as well. Your friendly real estate professional values …
Law Articles
Creditor vs. Single Member Limited Liability Company (LLC)
May the creditor of the sole member of a single member California LLC satisfy the debt from the LLC’s assets? INTRODUCTION A 2010 Florida Supreme Court case provides the rationale for a creditor to execute upon the assets of a single member California LLC in order to satisfy the personal obligation of the member. NATURE …