![]() |
Foreclosure Forum |
|
We're presuming lawful activity...In Reply to: Re: Here's how we handle it.. posted by JamieM-CA on June 13, 2003 at 10:03 AM : Hi Ward, : About "piercing the veil" on an LLC, what about fraud by a member of an LLC? Wouldn't the injured party be able to go through the LLC to hold that member liable, the same as with a S-Corp? : As always, thanks for your great board and your input. : JamieM Jamie, My basic assumption when answering all the various and sundry posts is that were operating legally and morally, not illegally. So sure, when fraud is present a different result might occur.
Follow Ups: Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.
Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455