Law Update for Condominium Developers

 

On October 8, 2009, Joe McCarthyDoug Batey and Janet Jacobs presented "A Law Update for Condominium Developers: Practical Advice for Dissolution and Cancellation of Limited Liability Companies."

This seminar provided practical advice for developers on whether and when to dissolve and cancel an LLC. Topics included:

  • The life cycle of a condominium LLC
  • The recent Washington Supreme Court ruling in Chadwick Farms
  • Dissolution and cancellation process for LLCs
  • Impact of dissolution and cancellation
  • Limitations on liability protection afforded by an LLC
  • How to "wind up" the business of the LLC
  • How to avoid personal liability for the obligations of an LLC

Seminar materials are below:

A Law Update for Condominium Developers: Dissolution and Cancellation of Limited Liability Companies (PPT)

Dissolution of a Real Estate Limited Liability Company as a Technique to Avoid Liability After Ballard Square (PDF)

Washington Supreme Court: LLC Can Terminate All Lawsuits by Filing Certificate of Cancellation - Personal Liability for Improper Winding Up (LLC Law Monitor)

  • When: 10/8/2009, 7:30 a.m. - 9:30 a.m.
  • Where: Stoel Rives LLP, Union Square Boardroom (street level, behind the escalators), 600 University Street, Seattle, WA 98101
.
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