Another Sighting of the Elusive Limited Liability Corporation

Another Sighting of the Elusive Limited Liability Corporation

      In a recent decision from New York, there was addressed how a “limited liability corporation" would be assessed for purposes of federal diversity jurisdiction.  Harley v. Streamlicensing Networks LLC, 18-CV-9528 (CM), 2019 WL 2866563 (S.D. N.Y. July 3, 2019). Therein the court wrote:

But the citizenship of a limited liability corporation depends on the citizenship of its members, see Bayerische Landesbank v. Aladdin Capital Mgmt. LLC, 692 F.3d 42, 49 (2d Cir. 2012) (holding that a limited liability corporation “takes the citizenship of each of its members” for diversity purposes)

      Except of course there is no such thing as a” limited liability corporation”; there is of course a “limited liability company.”