Insights
Maryland Businesses Take Note: The "Limited Liability" in a Limited Liability Company Is Not Absolute, and Is Getting Less Limited
May 8, 2013
Contrary to popular belief, a limited liability company (LLC) does not offer absolute protection. As with corporate officers and agents, members and managers of LLCs can be personally liable for wrongful acts they commit, even when acting on behalf of the LLC. The protection a LLC does o... Read more >