limited-liability-company
What happens to past legal liabilities after changing from self-employed to a limited liability company?
<p>If a self-employed worker takes on contract jobs and then later on, after finishing any of those jobs, changes their business into a limited liability company, </p>

<p>Who is responsible for any liabilities from a past contract that may still be in continuation?
Who is responsible if sued for a past contract?</p>

<p>※Who = Self-employed individual OR newly established company.<br>
※I don't expect a country-specific answer, mostly because it is not an English speaking nation. A general answer or an answer regarding the US or UK(new national laws seem to often be similar) would be appreciated.</p>

<p>Regards.</p>

<p>In general, you cannot neither change contracts nor restrict/nullify other people's rights by your acts alone.</p>

<p>The people who hired you personally have a contract with you, not with your LLC. So, if someone has a claim against you, then their claim should not be contingent of your LLC going bankrupt or not; they have a right to have their damages restored by you (who was the entity they hired).</p>

<p>Otherwise, fraud/liability delinquency would be trivial: get debts on your name and, when the things get difficult, create a shell LLC and let it go bankrupt.</p>
