Tag Archives: Limited Liability Company

As an Owner, Am I Liable for the Debts of my Iowa Limited Liability Company?

Member Protections Under Iowa’s LLC Umbrella Just as shareholders in Iowa corporations are, by default, generally not liable for the debts and liabilities of their corporation, members (a.k.a. owners) in Iowa limited liability companies are also generally not liable for … Continue reading

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Judicial Dissolution of LLCs – A Remedy That May Vary From State to State

An intra-corporate dispute can lead to the involuntary, judicial dissolution of a limited liability company (“LLC”).  A logical starting point in which to assess a litigant’s ability to seek judicial dissolution of an LLC is to begin with an analysis … Continue reading

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Fiduciary Duties in an LLC, do They Exist in Arizona?

The short answer is, it depends.  In Arizona, at the time of writing this post, fiduciary duties are not implied as a matter of law between members and/or managers and the LLC.  However, fiduciary duties may nonetheless exist if the … Continue reading

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