Tag: Limited Liabiliy Companies
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Business Litigation
Personal Liability for LLC Members
- February 8, 2016
- By Allen & Gooch
Personal Liability May Still Exist for LLC Members, Despite the General Shield from Liability. In a previous blog article, “Louisiana Supreme Court holds that an individually licensed contractor is not a “professional” within the meaning of an exception to limited liability for LLC members,” I discussed a recent case which held that a contractor could […]
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Construction Law
Contractors Beware: Negligent Professional Services Create Liability
- August 30, 2013
- By Emile Joseph
UPDATE: THE LOUISIANA SUPREME COURT HAS REVERSED THE APPELLATE COURTS ON THIS ISSUE. CLICK HERE TO READ MORE. No Matter What Type of Entity You Choose, You Can Still be Personally Liable for Negligent Professional Services Limited Liability Companies (LLC’s) generally offer their members insulation from personal liability. This means that a court cannot order […]