The SLLC provides owners with the ability to separate "dangerous" assets (businesses) into separate entities, isolating them from each other and from "safe" assets.
The SLLC can be used when business owners need extra liability protection; however, not all states have recognized the SLLC.
liability segregation, the SLLC might provide the next business
lawyer Lucy suggested forming an SLLC to decrease the risk of total
Two related questions affect the value of an SLLC as an
series in an SLLC can file for bankruptcy, and if so, (2) whether
bankruptcy courts will shield the wider SLLC from that series'
Part II of this Note introduces the SLLC and presents the
Part III of this Note explains how a series in an SLLC is a hybrid
asset-segregating ancestors, an SLLC partitions its assets, debts,
An SLLC may prove an efficient alternative to traditional methods