Leonard C. Blum, an attorney, was negligent in his representation of Louis Anthony, Sr. In settlement of

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Leonard C. Blum, an attorney, was negligent in his representation of Louis Anthony, Sr. In settlement of Anthony’s claim against him, Blum signed a promissory note for $10,400 on behalf of his law firm, an LLC. When the law firm did not pay, Anthony filed suit against Blum personally for payment of the note. Is a member personally liable for the debt of an LLC that was caused by his own negligence?

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Legal Environment

ISBN: 9780324537116

3rd Edition

Authors: Jeffrey F Beatty, Susan S Samuelson

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