Sedgwick Props. Dev. Corp. v. Hinds; An LLC Is Not A Corporation

6 Pages Posted: 27 Oct 2019

See all articles by Herrick K. Lidstone

Herrick K. Lidstone

Burns, Figa & Will, P.C.; University of Denver Sturm College of Law

Date Written: October 17, 2019

Abstract

The Court of Appeals gets it mostly correct in refusing to pierce the veil or to find alter ego liability of a single member Colorado limited liability company in Sedgwick Props. Dev. Corp. v. Hinds (July 3, 2019). The Court of Appeals accepted the lack of formalities as a characteristic of limited liability companies (as contemplated in C.R.S. § 7-80-107(2)) and the fact that it was disregarded for federal tax purposes as being irrelevant under C.R.S. § 7-80-107(3) to the alter ego question.

Keywords: limited liability companies, piercing, alter ego, disregarded entity

JEL Classification: K22, K40, K12

Suggested Citation

Lidstone, Herrick K., Sedgwick Props. Dev. Corp. v. Hinds; An LLC Is Not A Corporation (October 17, 2019). Available at SSRN: https://ssrn.com/abstract=3471359 or http://dx.doi.org/10.2139/ssrn.3471359

Herrick K. Lidstone (Contact Author)

Burns, Figa & Will, P.C. ( email )

6400 S Fiddlers Green Circle
Suite 1000
Greenwood Village, CO 80111
United States
303-796-2626 (Phone)
303-796-2777 (Fax)

HOME PAGE: http://www.bfwlaw.com

University of Denver Sturm College of Law ( email )

2255 E. Evans Avenue
Denver, CO 80208
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
22
Abstract Views
112
PlumX Metrics