LEB Briefing Cases.Ch.17

LEB Briefing Cases.Ch.17 - Chapter17 CompaniesandLimited...

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Chapter 17 Limited Liability  Companies and Limited  Partnerships Case 17.1 2002 WY 73 46 P.3d 323 Supreme Court of Wyoming. KAYCEE LAND AND LIVESTOCK, a Wyoming partnership, Appellant (Plaintiff), v. Roger FLAHIVE, Appellee (Defendant). 103
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104 CASE PRINTOUTS TO ACCOMPANY WEST’S LEGAL ENVIRONMENT OF BUSINESS No. 00-328. May 15, 2002. KITE , Justice. [∂  1] This matter comes before this court as a question certified to us by the district court for resolution under W.R.A.P. 11.  The certified question seeks resolution of whether, in the absence of fraud, the entity veil of a limited liability company  (LLC) can be pierced in the same manner as that of a corporation.   We answer the certified question in the affirmative. CERTIFIED QUESTION [∂  2] The question we have agreed to answer is phrased as follows:  In the absence of fraud, is a claim to pierce the Limited Liability entity veil or disregard the Limited Liability Company  entity in the same manner as a court would pierce a corporate veil or disregard a corporate shield, an available remedy  against a Wyoming Limited Liability Company under Wyoming's Limited Liability Company Act,  Wyo. Stat. ß  [ß  ] 17-15- 101  through  17-15- 144 (2000) [?] FACTS [∂  3] In a W.R.A.P. 11 certification of a question of law, we rely entirely upon the factual determinations made in the trial  court.    Allhusen  v. State  By and  Through  Wyoming  Mental Health  Professions Licensing  Board,       898 P.2d  878,  881       (Wyo.1995) .   The district court submitted the following statement of facts in its order certifying the question of law:  surface of its real property.  located in Johnson County, Wyoming.  Liability Company and hold Roger Flahive individually liable for the contamination.  6. There is no allegation of fraud. DISCUSSION
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This note was uploaded on 10/13/2010 for the course LGST 205 taught by Professor Screen during the Spring '07 term at Loyola New Orleans.

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LEB Briefing Cases.Ch.17 - Chapter17 CompaniesandLimited...

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