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Hazardous Waste and Ch 7
Yes
Sent from my iPhone
On Oct 26, 2010, at 2:44 PM, "vlelaw" wrote:
PC has metal works shop, LLC, and it is failing. LLC wants to do ch 7. LLC has several thousand gallons of haz waste sitting around. Owner of LLC is worried about personal liability for haz waste. He could file ch 7 himself, but from what I see in case law, personal liability may still exist even if he does file ch 7 for the LLC and for himself personally.
Am I correct that he could still face personal liability whether the LCC or he file?
Vernon L. Ellicott, Esq.
Certified Family Law Specialist
California State Bar Board of Legal Specialization
A Bankruptcy and Family Law Firm
Law Offices of Vernon L. Ellicott
100 E. Thousand Oaks Blvd., Suite 147
Thousand Oaks, CA 91360
(805) 446-6262 phone
(661) 222-2922 phone
(805) 446-6264 fax
YesSent from my iPhoneOn Oct 26, 2010, at 2:44 PM, "vlelaw" <vle@vlelaw.com> wrote:
PC has metal works shop, LLC, and it is failing. LLC wants to do ch 7. LLC has several thousand gallons of haz waste sitting around. Owner of LLC is worried about personal liability for haz waste. He could file ch 7 himself, but from what I see in case law, personal liability may still exist even if he does file ch 7 for the LLC and for himself personally.
Am I correct that he could still face personal liability whether the LCC or he file?
Vernon L. Ellicott, Esq.
Certified Family Law Specialist
California State Bar Board of Legal Specialization
A Bankruptcy and Family Law Firm
Law Offices of Vernon L. Ellicott
100 E. Thousand Oaks Blvd., Suite 147
Thousand Oaks, CA 91360
(805) 446-6262 phone
(661) 222-2922 phone
(805) 446-6264 fax
The post was migrated from Yahoo.
PC has metal works shop, LLC, and it is failing. LLC wants to do ch 7. LLC has several thousand gallons of haz waste sitting around. Owner of LLC is worried about personal liability for haz waste. He could file ch 7 himself, but from what I see in case law, personal liability may still exist even if he does file ch 7 for the LLC and for himself personally.
Am I correct that he could still face personal liability whether the LCC or he file?
Vernon L. Ellicott, Esq.
Certified Family Law Specialist
California State Bar Board of Legal Specialization
A Bankruptcy and Family Law Firm
Law Offices of Vernon L. Ellicott
100 E. Thousand Oaks Blvd., Suite 147
Thousand Oaks, CA 91360
(805) 446-6262 phone
(661) 222-2922 phone
(805) 446-6264 fax
The post was migrated from Yahoo.