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29 Mar 2019, 11:03 am
This allows for internal asset segregation without having to pay an additional state fee for each “protected series” business unit. [read post]
31 Aug 2020, 2:13 pm
This allows for internal asset segregation without having to pay an additional state fee for each “protected series” business unit. [read post]
31 Aug 2018, 11:11 am
This allows for internal asset segregation without having to pay an additional state fee for each “protected series” business unit. [read post]
22 Mar 2018, 9:32 am
In addition to reducing the corporate tax rate, the tax reform law implemented some changes which can benefit small business owners, and people should be aware of how they can take advantage of these changes and minimize their tax burden by establishing themselves as a LLC. [read post]
7 Dec 2020, 4:59 am
In sum, in the wild west of LLC derivative lawsuits, 28 Cliff Street offers—albeit indirectly—an additional foothold for a successful plaintiff to assert its right to recover fees from the award in favor of the LLC. [read post]
13 Mar 2022, 5:50 pm
Parker Infrastructure Partners, LLC, C.A. [read post]
13 Jul 2022, 9:15 pm
On the flip side, if the property is your personal residence, setting up an LLC may not make sense unless you are worried about privacy concerns, although with enough research, an LLC may not help you with the aspect of privacy, but it does provide an additional layer of research that somebody would have to do to figure out who owns your business. [read post]
6 Feb 2021, 3:29 pm
In a manager-managed LLC, the managers make the day-to-day decisions for the business and only involve the members in big decisions, such as the addition or removal of a member, a change in the nature of the business, or amendments to the LLC’s charter or operating agreement. [read post]
21 Jun 2010, 8:37 am
A recent example is Roni LLC v Arfa. [read post]
6 Dec 2019, 1:09 pm
If this is the case, you will may want to state on the incorporation order form’s special request box: “please add an additional article to the formation filing listing my name as member with my passport number which is _______. [read post]
26 Apr 2022, 8:14 am
This allows for internal asset segregation without having to pay an additional state fee for each “protected series” business unit. [read post]
28 Jun 2021, 3:10 am
The members’ initial estimate, that West would need to contribute $4 million additional capital to construct the hotel, proved too low by a long shot. [read post]
15 Jul 2014, 4:28 pm
In addition, an out-of-state LLC is “doing business” in California if: The LLC is commercially domiciled in California (i.e., California is the place where realistic control of the LLC’s functions is centered). [read post]
15 Jul 2014, 4:29 pm
In addition, an out-of-state LLC is “doing business” in California if: The LLC is commercially domiciled in California (i.e., California is the place where realistic control of the LLC’s functions is centered). [read post]
31 Aug 2020, 4:56 am
Leiber and Pegasus explain that although they sought to raise an additional $5 million in capital to keep GMX afloat, they ultimately were unable to do so. [read post]
16 Sep 2011, 7:13 pm
Moreover, unlike a Section 220 case, a limited liability company is a creature of contract and the LLC Agreement may grant inspection rights that are “in addition to and separate from” the statutory inspection right. [read post]
14 Jun 2021, 4:32 am
The four members performed different roles in the LLC. [read post]
16 Aug 2021, 6:00 am
Largo Legacy Group, LLC v. [read post]
13 Oct 2019, 11:14 pm
Article II (“Capital Contributions”) consists of four lines of text that merely reference a nominal total capital contribution of $100 and disclaim any obligation for additional capital contributions . [read post]
12 Dec 2014, 9:34 am
In addition, unless the circumstances are very unusual, the income allocated from the LLC to the taxpayer will be California source even after the taxpayer leaves the state. [read post]
