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Find Out When and How Creditors Can Collect from LLCs

Opportunities for collecting debt and judgments don't have to end with the business. Many debtors will use LLCs to veil their assets, but in certain situations courts will lift the liability protections and hold owners personally liable for business debts. This practical course will provide you with the latest information and teach you how and when creditors can lift the veil to reach protected assets. Register today!

  • Arm yourself with the latest requirements, trends and case law concerning collecting LLC debts.
  • Analyze the strength of the LLC veil and take a deeper look at what is required to satisfy the necessary factors for piercing.
  • Explore tips and tactics for collecting from dissolved businesses.
  • Discover what safeguards can be put in place to minimize potential piercing.

Session Time: 1:00 PM - 2:30 PM Eastern
Presenter: Lynda L. Laing

  • Single Member? Multi Member?
  • Recent Trends in LLC Veil Piercing: 2016 Update
  • Limiting Personal Liability: Forming an LLC
  • Piercing the LLC Veil Fundamentals
  • Breaking Down the Alter Ego Theory
  • How to Prove/Disprove That the LLC is a Façade/Alter Ego
    • Personal Guarantees
    • How to Prove/Disprove Mingling of Assets
    • How to Prove/Disprove Improper Formation
    • Additional Ways to Render the Liability Protection Unwarranted
  • New Ways of Piercing the Corporate Veil
  • Case Law for the Plaintiff
  • Case Law for the Defendant
  • Top Mistakes in Piercing the LLC Veil
  • Collecting from an LLC That is No Longer in Business
  • Best Practices for Limiting Potential LLC Veil Piercing

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