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, ...
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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 LLCs, Partnerships and Unincorporated Entities Committee of the Business Law Section of the American Bar Association, The Charging Orders Practice Guide will help lawyers understand the complexities of this area of the law.
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