If my husband is 90 percent owner of a company and it fails do I as the wife have that debt too
if the "company" is either an LLC or a corporation, then the company must pay the debts from its assets, but since it has failed, then there are...
Glastonbury, CT
Corporate and incorporation Lawyer at Glastonbury, CT
Practice Areas: Corporate & Incorporation, Financial Markets and Services ... +2 more
if the "company" is either an LLC or a corporation, then the company must pay the debts from its assets, but since it has failed, then there are...
There is no absolute answer to your question. The test is whether adoption of your name would be so close to the other as to confuse third parties...
Your question seems to deal with the liability of your Mom in the context of her and your brother being the members of the LLC; you state that your...