Legal Question in Business Law in Virginia
What is the statute of limitations for suing a partner in a LLC?
Asked on 3/18/13, 10:09 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Would likely depend upon the underlying legal basis for the lawsuit,
e.g., fraud/misrepresentation, embezzlement or other misappropriation of company funds, breach of contract, destruction of property, etc., and not merely because the defendant is a partner in the LLC.
Answered on 3/19/13, 8:23 am
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