Legal Question in Business Law in Indiana

Hi, in Indiana after an LLC is dissolved, can the owner be personally sued in court for a claim for damages in a construction contract completed prior to the dissolution?


Asked on 4/19/17, 11:51 am

1 Answer from Attorneys

Kenneth Wilk Rubino Ruman Crosmer & Polen

There is a proper way to dissolve an LLC. You should have it done properly by a lawyer, not by doing it as a cheap do-it-yourself project. If the LLC incurred a debt, that debt has to be taken care of before dissolution. Otherwise the creditor can come after the LLC members. If the money is really owed, go ahead and pay it.

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Answered on 4/21/17, 11:26 am


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