when can a manager of an LLC be held personally responsible for a nuisance associated with an LLC ?
2 Answers from Attorneys
When the manager has done something personally which is not within the scope of the proper business of the LLC. When the LLC corporate formalities have been ignored, so that a court can pierce the corporate veil.
These issues are factual, and an answer could only be meaningful with all the facts made available. Keep in mind that, even if you are not personally liable, you may be sued and have defense costs. Depending on the facts, these may be reimbursable by the LLC.
It depends on the nature and the cause of the nuisance, but in some circumstances the manager could be held personally liable.
Related Questions & Answers
Hi I am forming a new company on the internet, my domain name is... Asked 11/02/15, 7:32 am in United States California Business Law
I recently inherited an "S" Corp which has one asset - a multi-family apt... Asked 10/31/15, 9:22 pm in United States California Business Law
I own a small business and was hit with a credit card dispute and it is now going... Asked 10/29/15, 2:57 pm in United States California Business Law