• Creditor Remedies against Members of LLCs
  • August 3, 2010 | Author: Gregory M. Marks
  • Law Firm: Greenberg Traurig, P.A. - Miami Office
  • LLC members and other persons dealing with LLCs will be interested in a recent Florida Supreme Court case that was decided on June 24, 2010. The court’s decision in Olmstead v. FTC appears to eliminate part of the asset protection feature of single-member LLCs and calls into question the remedies available to creditors of members in multiple-member LLCs.