Florida Legislature Confirms Charging Order Exclusive Remedy for Multi-Member Limited Liabilty Companies

by | Jul 10, 2011 | Asset Protection, Business Owners, Business Succession Planning, Charging Order Protection, Corporations, Estate Planning, Estate Taxes, Family Business, Gift Tax, Income Taxes, Internal Revenue Service (IRS), Limited Liability Companies, Small Business Law | 0 comments

In the 2010 case of Olmstead vs. Federal Trade Commission, the Florida Supreme Court ruled that the  “charging order” was not the sole and exclusive remedy for a judgment creditor of a single-member limited liability company (“LLC”) (we...

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