In In re 1545 Ocean Avenue, LLC, when the members of an LLC got into a dispute they had the right to force an end to the existence of the entity.
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Q121: In In re 1545 Ocean Avenue, LLC,
Q122: If the court "pierces the corporate veil"
Q123: LLC members have unlimited liability for torts
Q124: A limited liability company can be recreated
Q125: In a corporation, the profits are taxed
Q127: Partners in a partnership, like corporate shareholders,
Q128: Franchise operators usually pay a franchise fee
Q129: The income from a partnership is taxed
Q130: The two types of franchises allowed are
Q131: Limited liability companies, like corporations, are presumed
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