LA 4th Circuit: Dissolved LLC Members Liable for Over $1.6M

In the recently decided Cambrie Celeste, LLC and Cambrie Celeste Commercial Tenant, LLC v. Starboard Management, LLC, et al., the Louisiana 4th Circuit held that the husband and wife owners of a dissolved LLC were personally responsible for $1,614,941.69 in damages.  The decision cites Louisiana Revised Statute 1335.1, which holds that the members of a… Continue reading LA 4th Circuit: Dissolved LLC Members Liable for Over $1.6M

By FavretLawFirm Jan 15, 2020