Wednesday, April 17, 2019

More on VanWinkle and the Waiver of a Member Limited Liability


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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