by Staff of the Firm | Dec 15, 2016 | Business Management, LLC, Personal Liability, Texas Law Update, Uncategorized
In State v. Pure Tech Systems, Inc.,[1] the property at issue had been used for petroleum and hazardous substance operations dating back to the 1880s and was already subject to the state’s closure order by the time it was transferred to Pure Tech Systems, Inc. (“Pure...
by Staff of the Firm | Dec 8, 2016 | Business Management, LLC, Personal Liability, Texas Law Update, Uncategorized
In Morello v. State,[1] White Lion Holdings, L.L.C. (“White Lion”), a company owned by Morello, bought a piece of real property that was previously used as a pipe-manufacturing facility. The previous owner of the property had a state-issued compliance plan to clean...
by Staff of the Firm | Dec 6, 2016 | Business Management, LLC, Personal Liability, Texas Law Update, Uncategorized
As you know, one of the principal advantages of forming a limited liability company or corporation is that it offers protection from liability for business debts and obligations. As you also know by now, however, this liability shield is not absolute. We explained...
by Staff of the Firm | Jan 12, 2016 | Business Management, LLC, Personal Liability, Uncategorized
As many of you know, one of the greatest advantages of forming an LLC is that it offers protection from personal liability for business debts and liabilities. As we explained in our previous blog series “Personal Liability of Business Owners,” however, the liability...
by Staff of the Firm | Dec 29, 2015 | Business Management, LLC, Uncategorized
Vision Marketing Resources, Inc. v. McMillin Group, LLC. In Vision Marketing, the court first addressed whether it could issue a charging order against a non-Kansas LLC over which it did not have jurisdiction. There was no Kansas case law on this issue, so the court...
