Stephen Speiser, Esq. March 12, 2025 The single-member limited liability company (SMLLC) offers solo entrepreneurs a mix of liability protection and operational ease, but personal financial distress raises a critical question: can a creditor foreclose on the member’s interest in the SMLLC? The answer hinges on state law, judicial rulings, and the distinction between the member’s ownership interest and the …
Florida’s Homestead Law
by Stephen Speiser, Esq.The Speiser Law Firm P.A. Florida’s homestead exemption is one of the most powerful asset protection laws available anywhere in the United States. Moreover, it is not just statutory law: It is written into the Constitution of the State of Florida. That makes Florida’s homestead law a constitutional right. Article 10, Section 4 of the Florida Constitution provides that an unsecured creditor …
The Mareva Invasion: Are Mareva Rulings Coming to the United States?
Readers of our website know that we have written extensively about the Mareva ruling, a form of ex parte preliminary injunction increasingly granted by courts outside the USA to freeze debtor assets. A 2021, Florida state court decision has created a great deal of unease among debtors’ representatives concerning the reach of foreign creditors, and whether the Mareva ruling is …