Forum Shopping for Favorable LLC Law: Make Sure the Charging Order is the Exclusive Remedy Available to Creditors
LLCs are currently a very popular form of legal entity largely due to its flow-through partnership taxation feature coupled with its corporation-like limited liability protections. As most LLC owners know, LLCs provide significant liability protection from the threat of “inside liabilities” provided the proper formalities are adhered to and the separate entity status of the […]