Colli Real Estate

Is the parent responsible for his failures subsidiaries if the subsidiaries are trained as DBA only?

If Company A is a parent and you want establish subsidiaries, which is the best way to create subsidiaries and the continued cooperation of the parents. protected? Here are my Quetions. 1) If the parent must present subsidiaries or affiliates LLC DBA should be separated to demonstrate its independent status. 2) If the co-mother. Any File DBA, means co-mother. assumes full responsibility? IMPORTANT 3) * * If the parent has all the advantages that the use of subsidiaries (eg computers, real estate, other equipment) and a subsidiary of the bankruptcy, the parent company to give some of your assets? Same if the assets are not owned by the company in bankruptcy, creditors can claim the IRS and the assets of the parent company? Please Please be as detail as possible. I do not mind the long response clearly explain the concepts. Thanks in advance.

Notger I am very sure about this, but I'll get a good estimate. DBA is likely to offer no protection at all (to name one thing, I think). LLC will provide protection, but must be absolutely sure of the LLC Act in all respects as a separate entity. No co-mixture of funds, or anything – to keep the two apart as best you can so you can say that the LLC acted as a separate entity, so that creditors can not pursue the assets LLC. I do not know if it matters if the LLC has no assets, but then why create an LLC. How the risk is allocated to the LLC, without affecting the asset that creates the risk (not to sell the assets of an LLC after accidnet now expects aviod risk – that probably will not work and can do more harm than good). In other words, if I get hurt on a piece of real estate, I do not think you can say the commitment to be the subject of the accusation, but assetfree CLL, but still the property belonging to another entity. Who owns the property carried out so that you can lose property and therefore must be owned of an LLC, but at least every other assets (non-CLL) can not be reached (if configured correctly). Does this help? Best contact a lawyer for professional advice EDRD =- This is really just my opinion.

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