Contact Us for a Free Consultation 817-277-2077

Dismuke & Waters Legal Blog

Do You Have a Limited Liability Company?

Posted by Christin D. Hoyt | Dec 09, 2010 | 0 Comments

Often Texas courts follow the lead of other states.  For some time, we knew that bankruptcy courts in some jurisdictions would not respect the charging order protection of single member LLCs.  In Florida, the Olmstead v. FTC  case extended such reasoning.  This is not the law yet in Texas, but it may be in the future.  Thus, we rarely recommend single member LLCs as asset protection vehicles. If you have a single member LLC, please contact our office so that we may assist you in analyzing your exposure.

About the Author

Christin D. Hoyt

Our Attorneys


There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Contact Us Today

Dismuke & Waters is committed to answering your questions about estate planning and real estate law issues in Texas. We offer consultations and we'll gladly discuss your case with you at your convenience. Contact us today to schedule an appointment.