Research Handbook on Partnerships, LLCs and Alternative Forms of Business Organizations
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Research Handbook on Partnerships, LLCs and Alternative Forms of Business Organizations

Edited by Robert W. Hillman and Mark J. Loewenstein

Presenting alternatives to the corporate form of organization, the Handbook explores partnerships, LLCs, business trusts and other alternatives. Specially commissioned chapters by leading scholars in the field examine issues such as: fiduciary duties, agency principles, contractual freedom, tax treatment, the special circumstances of law firms, and dissolution. While much of the emphasis is on US law, a number of chapters include treatments of Japan, the UK, Russia, China, Taiwan, India and Brazil.
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Chapter 9: Attacking asset protection LLCs

Franklin A. Gevurtz

Extract

9. Attacking asset protection LLCs Franklin A. Gevurtz 1. INTRODUCTION The oft-­recited justification for the explosive spread of LLC statutes throughout the United States is to enable business owners to limit their personal liability for debts of...

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