Month: April 2017

LLCs Take Note: An Individual Who is Not a Manager or a Member Can Bind Your Company in Contract

April 28, 2017

In Western Surety Co. v. La Cumbre Office Partners, LLC, 8 Cal. App. 5th 125 (Cal. Ct. App. 2d Dist., Feb 2, 2017), a limited liability Company was subjected to claims for $6.07 million under an indemnity agreement even though the agreement was signed by an individual with no authority to bind the LLC and…

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