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Businesses with wholly owned subsidiaries usually take care to treat them as separate entities, in order to maintain each subsidiary’s liability shield
The Washington Court of Appeals ruled this week that a limited liability company’s directors and officers (D&O) insurance policy did not cover a claim by a lender against the LLC’s manager on the manager’s guaranty of the LLC’s debt
The Oregon Court of Appeals recently held that the exclusive remedy provision of Oregon’s workers’ compensation law does not shield an employer LLC’s managing member from a negligence claim by the LLC’s injured worker
