An Ounce of Prevention is Worth a Pound of Cure
In describing an odd Limited Liability Company (“LLC”) formation that ended in a court battle, the Tennessee Court of Appeals stated that “[a]s was the case with Alice in Wonderland, the evidence reveals that the parties wanted to go “somewhere,” and as the Cheshire Cat explained, if you want to go somewhere, ‘you’re sure to do that, if only you walk long enough.’” In Parigin v. Mills, the parties successfully formed an LLC. As the Tennessee Court of Appeals explained, the parties started-off on the right foot by hiring a lawyer, but the parties failed to consult with the lawyer when prospective