Case Law Summaries

Florida – Charging Order

FloridaPansky v. Barry S. Franklin & Assoc., P.A., No. 4D16-1353, decided February 13, 2019. The Florida Court of Appeals ruled that the trial court went beyond what the Florida LLC law authorizes when it ordered the transfer of a judgment debtor’s ownership interests in an LLC to the law firm that was the debtor’s judgment creditor. A charging order was the law firm’s sole remedy to satisfy the debt out of the debtor member’s LLC interests.

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