All Posts Tagged Tag: ‘charging order’

From a Caterpillar to a Butterfly: Converting Corporations to LLCs

Limited Liability Companies (LLCs) are almost always a better choice of entity than Corporations, yet not all businesses had the good fortune of being born as LLCs. There is hope for these corporate dinosaurs, however, as relatively recent changes in the law have made it easier to convert a corporation into an LLC.

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Proposed Legislation Just Passed Committee

Proposed legislation to “patch” the hole punched into LLC law by a recent, controversial Florida Supreme Court case just passed committee with little opposition. Let’s see what happens when it gets to the floor… Recommend on Facebook Share on Linkedin Tweet about it Subscribe to the comments on this post

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Supreme Court Decides Single Member LLCs Are Not Asset Protected

In today’s 5-2 decision, the Florida Supreme Court stripped single owner LLCs of their asset protection[1]. This is something that I have been warning clients about since a bankruptcy court in Colorado started a trend toward disregarding single member LLCs for asset protection purposes back in 2003. In order to understand what this means, one must understand more about what […]

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