Claims against members of a dissolved LLC
By Paul Osborn
Commercial Banking, Collections, and Bankruptcy,
January 2014
Some states provide for express liability of members after an LLC is dissolved when creditors are unpaid. Illinois is not one.
The “Best” lesson
By Paul Osborn
Family Law,
August 2008
The January 2007 issue of the Family Law Section’s newsletter contained an article written by the newsletter’s current co-editor, Matthew Kirsh, analyzing the Second District’s opinion published in November of 2006 in In re the Marriage of Best, 859 N.E.2d 173, 307 Ill.Dec. 173 (2nd Dis., 2006)
Vehicle title transfer tax trap
By Paul Osborn
Family Law,
July 2007
Advising clients of the tax consequences of each element of a settlement agreement requires counsel to complete the daunting task of actually reading and understanding more than just the relevant provisions of the Internal Revenue Code, its Regulations and Tax Court Interpretations.
The family lawyer’s guide to bankruptcy reform
By Paul Osborn
Family Law,
October 2005
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“BAPCPA”) makes the most substantial changes to the Bankruptcy Code since its enactment in 1978.
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