Employment Lawyers Can Answer Your Employment Law Questions
Thank you for your question. Please permit me to assist you with your concerns.That is a very good question. Generally speaking the company itself, that is the LLC, would be liable. You personally would generally NOT be liable unless other factors can be shown that you knew, or you should have known that the other person was an unsafe or a drunk driver. In other words if they could show that you were aware that he drove drunk in the past, or had a DUI that you were aware of, then you could be liable through 'negligence' and failure to ensure that the people working for the LLC were safe and professional in their operation.Good luck.
Would being a non-voting member with an option to buy at a later date give me more protection now?
Kay,Thank you for your follow-up. Yes, it would. The further you are from actual decision making and control, the less liable you can be made to be. A "general' partner or shareholder who can make decisions has higher liability by far than a 'limited' partner who is a de-facto investor with no or very limited managerial authority or oversight.Good luck.
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