I had this man give me a business card with a business name and when I contracted a job with him, the contract says llc at the end of the business name. I am having to take him to small claims for violation of a contract (he has no license) but on the contracts that were written up the business name appears with an llc. at the end.
2007-09-07 06:25:43 · 4 answers · asked by sissytwo 3 in Business & Finance ➔ Small Business
The LLC stands for Limited Liability Corporation.
Individuals operating under this heading have some of the protections afforded by corporate law, but not all.
Liability itself would be determined based upon what the actual transgression is.
But, you should always sue the corporate entity first and foremost.
What follows is then known as 'trickle down litigation', this is where the various liabilities are determined and appropriate blame is assigned on as many levels as applicable.
2007-09-07 10:08:56 · answer #1 · answered by tepes1994 2 · 0⤊ 0⤋
If a person has an LLC in their business name you cannot go after their personal assets. If this contractor has no license in your state he legally cannot collect payment from you. If you have already payed him, then sue the business for restitution and breach of contract. Good Luck!
2007-09-07 07:40:53 · answer #2 · answered by Grasshopper 5 · 0⤊ 0⤋
You'd have to sue the llc with is probably the purpose of his llc. It protects his personal assets while his company probably has none for you to sue for. In other words in all likelyhood you are screwed. But maybe not, I hope not. Best of luck to you in this.
2007-09-07 06:34:05 · answer #3 · answered by Muley Bob 4 · 0⤊ 0⤋
If he violated a contract, that is a business matter. So you would sue the business, not the person.
2007-09-07 06:30:37 · answer #4 · answered by Its Me 2 · 0⤊ 0⤋