The Nevis Limited Liability Company (Amendment) Ordinance, 2015 (the “Ordinance”) became effective on July 1, 2015. From an asset protection perspective, the two main provisions in the Ordinance include: (i) the restatement of the section regarding charging orders; and (ii) the addition of a new section regarding fraudulent transfers. The charging order section now states that a charging order is the sole remedy available to any judgment creditor (including a...
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Charging Order Not Sole Remedy in Bankruptcy

In the case of In re Cleveland , 2014 WL 4809924 (D. Nev. Sept. 29, 2014), the issue was whether a bankruptcy trustee succeeds to all of a debtor’s rights in a single-member limited liability company (including the right to control and manage such entity) rather than being limited to obtaining a charging order against a debtor’s membership interest in the limited liability company, which is the sole remedy available...
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Seminars & Events:

April, 2017 - CELESQ
“An Asset Protection Planning Primer for Estate Planning, Tax and Creditors Rights Lawyers”
Live Web Cast
May 31 – June 1, 2017 - 

SOUTHPAC TRUST OFFSHORE PLANNING INSTITUTE CONFERENCE 2017, “Asset Protection in a Changing World” (31 May 2017) and “Questions & Answer Panel on Industry Challenges to Asset Protection Structures” (1 June 2017)
Las Vegas, Nevada


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Barry S. Engel