Hunt & Associates P.C.

Nov 5, 2010

Indemnification and Limitations on Liabilities of Members and Managers of Limited Liability Companies under Oregon Law

When a legal claim is brought against the manager, member, employee or agent of a limited liability company one of their first questions is who will pay for their defense and any damages ultimately assessed against them for the claim.  They will generally look to the company itself to fund their defense and to pay any damages or settlement amounts to the claimant.  That is, they will want the company to indemnify them against the … Read more