Hi VT, I don't think that dissolution of the LLC ends the suit because the LLC is/was an assumed business name of the Charter School Inc. The latter entity is a continuing party defendant, because the court granted partial summary judgement to it, and not complete summary judgment. I think I recall that the issue of 'undue financial hardship' upon it still remains triable against the Charter School, doing business as LifeLearning College. So, whatever LLC did that is found to be contrary to the RA or such will be ultimately ascribed legally to the Charter School. That includes any purported misdoing in the past, and more importantly, the (theoretical) cost of 'corrective measures' for the LLC if going forward.
I may be inaccurate having read this decision once only.
|