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U.S. product liability laws are among the most stringent, far-reaching in the world. In today's highly litigious environment, the financial impact of product liability suits on manufacturers and sellers can be devastating. At Running, Wise & Ford, we take a proactive approach to products liability cases. We have a thorough understanding of product liability laws and their application across diverse industries. We keep our clients abreast of changes in law–and educate them about potential sources of issues. For more information on the firm's Product Liability practice contact us at 231-946-2700 or 1-800-968-8577. |
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Articles
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Court Considers Chapter 7 Trustee's Ability to Sell LLC Property in Sole Members Bankruptcy
A bankruptcy trustee has the right to liquidate any property of a Chapter 7 Debtor subject to claimed exemptions and liens. Does this right extend to a membership interest in an LLC where the sole member files bankruptcy? The Bankruptcy Court for the Western District of Michigan addressed this issue recently in In re Hopkins, Bankr. W.D. Mich. (Feb. 2, 2012).
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