The Series LLC: Continued Evolution is Clearing the Fog

31 Pages Posted: 24 Oct 2014

See all articles by Marc Lovell

Marc Lovell

University of Illinois; Amer. Assoc. of Law Libraries

Date Written: October 23, 2014


The series LLC is a potentially useful entity choice for attorneys and business owners to consider. However, uncertainties remain in the areas of liability protection, bankruptcy status and tax treatment (federal and state). However, in these areas, the law continues to evolve, making the series LLC an increasingly attractive entity choice.

Keywords: series LLC, liability, charging order, firewall, veil, bankruptcy, tax, classification, federal, state

JEL Classification: H25, K22, K34

Suggested Citation

Lovell, Marc, The Series LLC: Continued Evolution is Clearing the Fog (October 23, 2014). Available at SSRN: or

Marc Lovell (Contact Author)

University of Illinois ( email )

Mumford Hall
Champaign, IL 61820
United States
217-244-0173 (Phone)

Amer. Assoc. of Law Libraries ( email )

53 W. Jackson, Suite 940
Chicago, IL 60604
United States

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