We want to reward our FaceBook friends; here’s what we’ve got going on:
We have a boot camp going on in Salt Lake City, UT from June 20th to 21st and we would love to have you come! So here’s what we’ll do. First, go to our FaceBook page and click “Like” at the very top of the page. Next, give us a call and let us know that you saw this blog ...
Continue Reading →By Lee R. Phillips
I sent out an email a couple weeks ago about the Florida Supreme Court setting aside the “charging order” protection an LLC is supposed to offer. I now apparently have a lot of students that have “sliced their wrists” and are bleeding to death. (I faint at the sight of blood – not really – but please don’t do the wrist thing.)
Take a deep breath and step back from the edge.
The “charging order protection” protects the assets ...
Continue Reading →The Florida Supreme Court recently “set aside” a single member LLC and let the personal creditors of the LLC owner come directly against the LLC assets. The creditor in the Olmstead case last month was simply given the assets of the LLC to satisfy the LLC owner’s debt. (Actually, it was the government coming after Olmstead who was a bad dude. So, the good guy won. Can the government be the good guy?) Nonetheless, this means Florida has come out ...
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