Hunt & Associates P.C.

Apr 12, 2016

Charging Orders on Oregon Partnerships, Limited Liability Partnerships and Limited Liability Companies

A charging order is the statutory vehicle which enables an Oregon judgment creditor to reach their debtor’s limited liability company membership or partnership interest to satisfy a judgment debt.  ORS 63.259; 67.205; and, 70.295.  In a recent decision, Law v. Zemp, 276 Or App 652 (2016), the Oregon Court of Appeals disregarded the applicable statutory language creating more confusion than clarity concerning the proper nature and permissible scope of charging orders in Oregon.

The judgment … Read more