A Loan Is a Loan Is a Loan, Except When It’s Equity
Farrel Fritz
JUNE 6, 2022
Disputes over capital accounts and equity percentages are frequent fodder for business divorce litigation — especially in LLCs without operating agreements. Later in 2016, Moskowitz received the LLC’s 2015 K-1 showing an approximate $1 million increase in his capital account. Moskowitz v Fischer.
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