No, not usually. The only time that I have seen anything remotely similar is when the investor was ignoring the separate llc's and was operating everything on a combined, commingled approach. You must respect the fact that each llc is a separate legal entity and treat them as such and then you should be fine. When you take short cuts, then you may have trouble.
[addsig]
No, not usually. The only time that I have seen anything remotely similar is when the investor was ignoring the separate llc's and was operating everything on a combined, commingled approach. You must respect the fact that each llc is a separate legal entity and treat them as such and then you should be fine. When you take short cuts, then you may have trouble.
[addsig]
In theory no. And they can't sue you personally either. In theory.
(BTW, when I say they can't sue you, I mean they can't successfully sue you. Anybody can sue anybody for anything for the cost of the filing fee.)