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« Changes to the Limited Liability Company Act | Main | Common Limited Liability Terms & Definitions »

January 13, 2008

LLC Members Insulated From Liability

Louisiana Law Blog: Limited Liability of LLC Members Affirmed

The court in Petch v. Humble, 41,301 (La.App. 2 Cir. 8/23/06) 2006 WL 2422914, --So.2d-- considered the limited scope of liability for members of a limited liability company. The plaintiffs in that case, property owners, sued a limited liability company that owned neighboring property and three members of the limited liability company. Plaintiffs claimed defendants negligently failed to obtain a stormwater permit before beginning to develop a subdivision and in failing to employ a stormwater pollution prevention plan, which allegedly resulted in damage to plaintiffs' property.
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