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29 Sep 2012, 11:27 am
In this post, I’ll discuss the effectiveness of using entities providing limited liability protection (like corporations, LLCs, and limited partnerships), and discuss whether insurance may be sufficient liability protection in the context of a new business or whether an entity is needed. [read post]
8 Oct 2015, 4:59 am
Rainy Day Holdings LLC (E.D. [read post]
2 Nov 2020, 7:06 am
PRACTICAL TIP: When lending money to a business, it is always a good idea to require a personal guarantee from the owner of the business, who can be personally liable for the repayment of the loan and be added as a defendant in an enforcement lawsuit. [read post]
21 Oct 2014, 7:38 am
Lunn, who did business as Lunn Partners, LLC, an investment advisory business, remains free on bond pending sentencing, which was set for Jan. 21, 2015, by U.S. [read post]
1 Jul 2013, 3:48 am
In 2011, the property’s mortgage lender brought a foreclosure action. [read post]
21 Jan 2020, 1:15 pm
Very often, this includes having an ownership stake in the separate corporation or LLC. [read post]
14 Nov 2014, 2:58 pm
Some lenders specifically seek out companies that have filed Chapter 11 to offer terms for financing. [read post]
7 Aug 2020, 10:36 am
The lender had lent substantial sums to the owner of a construction business. [read post]
10 Mar 2013, 9:12 am
Code §465 limits deductions for taxpayers in business and investment activities to the amount the taxpayer has "at risk" in the venture. [read post]
10 Mar 2013, 9:12 am
Code §465 limits deductions for taxpayers in business and investment activities to the amount the taxpayer has "at risk" in the venture. [read post]
6 May 2021, 6:21 am
It also concluded that Maryland’s Credit Services Business Act does not permit a credit services business to assist a consumer in obtaining a loan from any in-state or out-of-state bank, at an interest rate prohibited by Maryland law. [read post]
29 Jun 2011, 1:00 am
We can expect banks and other lenders to take a closer look at transfers in the chain of title from business entities. [read post]
19 Jul 2009, 4:43 pm
AGT Crunch Acquisition and its affiliates filed voluntary chapter 11 bankruptcy petitions on May 6, 2009 and are seeking to sell their Crunch-branded athletic club chain to CH Fitness Investors, LLC, which is owned by the company's insider first lien lender. [read post]
23 May 2011, 8:42 am
They were concerned about the liability of having the property in their own names, so we worked with their lender and transferred the property into an LLC. [read post]
23 Dec 2015, 11:50 am
Louis bankruptcy attorneys at Brinkman & Alter, LLC have been saving and protecting people’s assets for years. [read post]
10 May 2013, 8:59 pm
According to the plea agreement, Torres was the owner and operator of a real estate business called Realty Alliance, LLC, and a mortgage brokerage company called Synergy Lending Group. [read post]
1 Sep 2015, 7:47 am
Western Sky Financial, LLC, 2015 NCBC 84 has a little bit of everything in it: choice of law, the U.S. [read post]
27 Sep 2013, 11:04 am
A recent case out of the Bay Area, Series AGI West Linn of Appian Group Investors DE LLC v. [read post]
5 May 2011, 7:05 am
This is where you crunch the numbers and it is your opportunity to show the prospective lender or investor just how sound your business plan really is. [read post]
27 Mar 2006, 4:12 am
A "registered organization" is one which files a public record with the state and includes businesses such as corporations, LLPs, LLCs, but NOT general partnerships. [read post]