The Charging Orders Practice Guide: Understanding Judgment Creditor Rights Against LLC Members

The Charging Orders Practice Guide: Understanding Judgment Creditor Rights Against LLC Members

  • ISBN: 9781641052641
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ISBN: 978-1-64105-264-1
Product Code: 5070762
2018, 336 pages, 7×10, Paperback

A charging order is a remedy by which a judgment-creditor may collect against a member’s interest in an LLC or a partner’s interest in a partnership. With the increased popularity of LLCs, charging orders are becoming more common and it is crucial that both planners and those seeking to collect on judgments understand what a charging order does and does not do. Likewise, those seeking to resist a charging order need to understand how they may do so. Written by Jay Adkisson, a nationally-recognized expert on charging orders, with input from members of the Business Law Section’s LLCs, Partnerships and Unincorporated Entities Committee, The Charging Orders Practice Guide will help you understand the complexities of this area of the law.

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Limited Liability Companies (LLCs) have become the predominant form of business entity created for American businesses, now far surpassing annually the numbers of new corporations. Among the features that have made LLCs attractive is that membership interests in an LLC are not subject to the...

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