More on VanWinkle
and the Waiver of a Member Limited Liability
Last August, based upon a
wording of a particular operating agreement, the Kentucky Court of Appeals affirmed
the trial court’s determination that the members had waived the limited
liability that is otherwise enjoyed by members of an LLC. HERE IS A LINK to my
prior posting on this decision.
Since then I have written an
expanded review of the case, and that article has been published in the
March/April, 2019 issue of the Journal of Passthrough Entities. The article
is titled VanWinkle v. Walker: Did the
Members Intend to Waive Limited Liability?; HERE IS A LINK to the article.
I hope you find it helpful.
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