Archive for March 21st, 2011

Trustee Can be Held Liable for Debts As Alter Ego of Limited Liability Company (2011-3-21)

Another in a recent wave of California cases has hit the nail on the head, holding that the trustee can be held liable for debts, but not the trust itself.  The reason is elementary – a trust is a relationship, not an entity.  This rule has roots that run back hundreds of years.  It explains […]