In North Carolina, a creditor who obtains a judgment against an individual with an ownership interest in a limited liability company or limited liability partnership may enforce its unsatisfied ...
Louisville, Kentucky, USA skyline on the river. A judgment creditor can obtain a charging order against debtor/member's interest in an LLC. But what if that LLC is not formed in the state where the ...
Acharging order only allows a creditor the right to attach distributions rather than allowing a creditor to succeed to all of the ownership rights of a partnership interest. Partnership law with ...
Judgment creditors often encounter challenges when trying to collect a debt when a debtor’s assets are held in a limited liability company (LLC), as opposed to assets held directly in the debtor’s ...
Financing for a natural gas pipeline in Ohio provides the genesis for this court opinion. EmKey Energy LLC was building a natural gas pipeline but needed financial assistance. That assistance came ...