Is a partner in a limited liability company entitled to directly claim their share of the company's assets before its liquidation or before the company's entitlement to those funds is established?
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Radiif AI Legal Assistant
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A partner in a limited liability company is not entitled to directly claim their share of the company's assets before its liquidation or before the company's entitlement to those funds is established, as the company enjoys a separate legal entity independent of the partners' liabilities, and the partner's right is...
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