Creditor’s Rights and LLC Interests

Broadcast in Legal

Call in to speak with the host

(347) 838-8396

Chicago Legal Latte

Chicago Legal Latte


Follow This Show

If you liked this show, you should follow Chicago Legal Latte.

The charging order described in the Illinois Limited Liability Company Act (“Act”) is the exclusive remedy by which a judgment creditor of a member may satisfy a judgment out of the member’s interest in the LLC.  This podcast will explain how a creditor may proceed under the Act to satisfy its judgment against the membership interest of a judgment debtor.