San Diego, CA asked in Business Law for California

Q: will a llc protect me from lawsuits in europe?

Related Topics:
1 Lawyer Answer

A: Under many circumstances, formation of an LLC will protect a member from personal liability for judgments against the LLC. However, there are many grounds on which an LLC member can be held personally liable. For example, not being qualified to do business in a US state or a European country is one ground. This is something that must be done in addition to forming the LLC. The members and the LLC cannot commingle assets. Other facts could also lead to personal liability. You need to tell an attorney all the facts about how the business will operate. Otherwise you might run into an unpleasant surprise.

See the disclaimer at the bottom of this page.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.