Forced Liquidation: Liability of the Controlling Member of a Limited Liability Company for the Obligations of the Dissolved Company
Recently, before the Commercial Court, the question arose as to who is liable for the obligations of company (A), which was dissolved in a forced liquidation process, in cases where the controlling member of company (A), company (B), was also dissolved in a forced liquidation process. Namely, the expected legal solution in the above-described situation would be that the controlling member of company (B), specifically company (C), would consequently be liable for the obligations of company (A). In other words, in this case, liability for the obligations of the initially dissolved company (A) would extend to other subsequent founders/controlling members,...