Olmstead vs. Federal Trade Commission
This Florida Supreme Court case involved the attempt by the Federal Trade Commission to enforce collection of a $10 million judgment it got against Shaun Olmstead and Julie Connell for their...
View ArticleBankruptcy Court Sells Debtor’s Arizona Limited Partnership Interest
In July of 2010, the U.S. Bankruptcy Court for Arizona ordered the sale of a debtor’s limited partnership interest in an Arizona limited partnership in disregard of Arizona Revised Statues Section...
View ArticleDo Single Member LLCs Provide any Asset Protection?
Question: Some people, including some lawyers, say that a single member limited liability company does not give the member/owner any asset protection. Is that true? Answer: No. People say this to...
View ArticleNevada Attorney Steve Oshins Discusses Nevada’s New Law that Protects Single...
Provident Trust: “Steve Oshins is a nationally acclaimed estate planning and asset protection attorney . . . renowned for his efforts at providing innovative solutions for the asset protection...
View ArticleAlaska Asset Protection Trust Funded By Solvent Settlor Completely Fails To...
Forbes: “In 2005, an Alaska resident, Mortensen, who was solvent and liquid at the time, settled a self-settled Alaska Domestic Asset Protection Trust (“DAPT” or “APT”) for his own benefit and the...
View Article50 State LLC Charging Order Table
Carter G. Bishop, Professor of Law at Suffolk University Law School compiled a summary of the status of limited liability company charging order protection or lack thereof in all fifty states. His...
View ArticleAn Examination of the Charging Order Under Kentucky’s LLC and Partnership Acts
Attorneys Thomas E. Rutledge and Sarah Sloan Wilson wrote an excellent and very comprehensive two part article called “An Examination of the Charging Order Under Kentucky’s LLC and Partnership Acts.”...
View ArticleWe Need Your Help to Save Arizona’s LLC Law
A small group of Arizona lawyers who think they know what is best for Arizona and the members of Arizona limited liability companies has the goal of replacing Arizona’s good LLC law entirely with a...
View ArticleEnforcing Charging Order on Foreign LLC
Arizona, like Nevada, provides that the sole remedy of a creditor that gets a judgment against a member of an LLC formed in the state is to serve a charging order on the LLC. The charging order is a...
View ArticleDoes Your LLC’s Operating Agreement Say What Happens if a Member or the LLC...
Homer Simpson and Ned Flanders owned 60% and 40%, respectively, of World Wide Widgets, LLC, an Arizona limited liability company. WWW manufactures and sells widgets. Without WWW’s knowledge or...
View ArticleCourt Rules FDCPA Overrules Colorado LLC Charging Order Statute
In a criminal case opinion called U.S. vs. Wilhite issued by a Colorado federal District Court on November 17, 2017, the court ruled that a federal law called the Fair Debt Collection Practice Act...
View ArticleOlmstead vs. Federal Trade Commission
This Florida Supreme Court case involved the attempt by the Federal Trade Commission to enforce collection of a $10 million judgment it got against Shaun Olmstead and Julie Connell for their...
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