BobKamman
Level 15
08-11-2022
07:59 PM
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That's the kind of nonsense that LLC vendors spout. The fact is, if the LLC is sued, the owner will be sued. It's difficult to imagine a situation where one would be liable and the other, not. Once the owner has a judgment against him, all of his assets can be attached, including the other LLC.
For small business, the best defense against liability is a good insurance policy. The advantage is often the payment of legal fees. Otherwise, even if the business wins, it incurs losses that can shut it down. Not that I know of a good source for insurance against ASCAP and BMI claims.