Fifth Circuit

Asset Protection bars Federal Court Claims

When you’re in business and setup an LLC or similar, your assets are protected from law suits and the directors, partners etc are free from personal liability.

When you’re in business and setup an LLC or similar, your assets are protected from law suits and the directors, partners etc are free from personal liability. Hence it is reasonable that as the Court states here, you cannot take a case to Federal Court individually when your property is owned by the LLC.

Nguyen v Bank Of America

Before KING, ELROD and HIGGINSON

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