LEGAL UPDATE: Louisiana 3rd Circuit Holds That Sole Member of LLC Could Be Individually Liable for LLC’s Breach of Contract

When an entrepreneur in Louisiana seeks to start a business, registering a new limited liability company or “LLC” is typically the first item on his to-do list.  The purpose of this action is in the name.  It limits the individual’s liability.  The laws governing Louisiana limited liability companies further this notion by providing: No Member,… Continue reading LEGAL UPDATE: Louisiana 3rd Circuit Holds That Sole Member of LLC Could Be Individually Liable for LLC’s Breach of Contract

By FavretLawFirm Jan 6, 2022