Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC
The Energy Law
OCTOBER 11, 2021
In 2009, several of the Bailey family members formed New 90, LLC to manage this and other family-owned property. 2010-2267 (La. If the transferring instrument does not contain an explicit assignment of the personal right to sue for damages to the property, the right remains with the transferor.” Amerada Hess Corp.
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