Don’t Mess with a Texas LLC Membership Interest

A recent LLC decision by the South Carolina Supreme Court caught my attention yesterday over at the LLC Law Monitor. In South Carolina a judgment creditor of a member of a LLC may foreclose on the debtor’s membership interest. See S.C. Code Ann § 33-44-504(b). In Texas, however,

How to Convert a Texas LLC to a Series LLC

Over the last few weeks I have converted three Texas limited liability companies to Texas series limited liability companies (Wikipedia) and I am currently in the process of converting another. At the June 2013 University of Texas Continuing Legal Education conference on LLCs, LPs, an