LLC EQUITY VS DEBT
In a recent post in his website entitled “New York Business Divorce,” Peter Mahler of the FarrellFritz law firm has published an excellent discussion of the difference between equity and debt as among LLCs and their members. The post is under New York law, but the lessons in it are likely to be useful in all other jurisdictions. The link to the post is https://www.nybusinessdivorce.com/2022/06/articles/llcs/a-loan-is-a-loan-is-a-loan-except-when-its-equity/