Florida  |  Business Law

Legal Question

Asked on: 8/04/10, 7:07 am

I am the managing member of an LLC in FL. In April 09 the largest customer of the LLC filed for bankruptcy. They owned the LLC in excess of $30,000 at that time. There was no settlement with the creditors as the assets were minimal. Their closing forced the LLC to be dissolved. This was done in Jan '10 with state of FL and IRS. At it's closing the LLC owed approx $7,000 to independent contractors. Now one of the contractors is threatening me personally with legal action. Do they have any recourse or am I protected by the LLC?

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

81 Answers given in the last few hours.

86611 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search