Lender position and asset protection?

[Parker Cox]

When I started looking into this I thought it would be straight forward, but its not...

Thought experiment: 

I am in Ca and I have an LLC devoted exclusively towards my real estate investing. I have my own money as well as other investors' held under the LLC, who have gone in on my projects and are getting their promised annual percent return. But, with the cash that is in there, in the event that I/the LLC was sued, I need to understand how the cash within the LLC would be dispersed.

Does it get taken from my portion of the funds first as the head of the LLC? does it remove all the funds equally and we continue to all share the equal portions of whatever is left after settlement? or is it dispersed by loan/investor position? and if it is based on position, do I count as lowest position (least protected investment) or highest position (most protected investment)?

Thanks for your help