This article is located on my blog at http://www.commercialrealestatelawyerblog.com. See my blog for other commercial real estate and bankruptcy articles, including title problems that only a bankruptcy court can solve, buying assets out of bankruptcy, the safety of escrow deposits from bankruptcy, drafting workout agreements.
Unique Aspects of LLC's and their Members in Bankrutpcy
by Kenneth L. Samuelson on Oct. 08, 2012
Summary
LLC's are treated more like corporations in bankruptcy, but not entirely so. Charging liens and other types of collection vehicles affect LLC's and their members differently,