U.S. District Judge Employs Common Sense To Overrule Glitch In Charging Order Statute In Brogdon - News Summed Up

U.S. District Judge Employs Common Sense To Overrule Glitch In Charging Order Statute In Brogdon


Such a result is not so much as hinted at in New Jersey's charging order statute. § 42:2C-7 that the charging order statute be read in conjunction with "principles of law and equity." This argument also failed for the reason that if the charging order ultimately didn't accomplish anything, that didn't prevent its entry. And with the Brogdons' objections all overruled, Judge McNulty entered the charging order against their interests in the 60 LLCs. But that is not a reason to deny the issuance of the charging order in the first place.


Source: Forbes July 30, 2021 21:00 UTC



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