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26 Jan 2022, 4:35 am by Charles Sartain
Select Energy Services LLC and Exco et al. is a reminder for negotiators of indemnity and defense obligations in oilfield contracts that choice of law is important. [read post]
5 Mar 2012, 6:34 am by Jeffrey W. Berkman, Esq.
  Similarly, the LLC has become a preferred choice of many entrepreneurs because it requires very little to form and then maintain the entity. [read post]
7 Dec 2013, 1:51 pm by WOLFGANG DEMINO
 Defaulted accounts are sold to debt buyers such as  CACH, LLC and Converging Capital LLC, which sue on such accounts in Texas. [read post]
30 Apr 2015, 12:49 pm by Steven Buchwald
When investors acquire stocks in a C corporation, they know when the tax event occurs (at exit, when the stocks are sold). [read post]
9 Sep 2019, 3:27 am by Peter Mahler
But overall, its choice of language, including its laundry list of options to operate, develop, lease, exchange, or sell the property, is typical of purpose clauses used in owner agreements for realty holding companies whether organized as partnerships, corporations, or LLCs. [read post]
10 Nov 2014, 3:42 am by Peter Mahler
When not tightly drafted, expulsion provisions in shareholder or LLC operating agreements can cause a lot more trouble than they’re worth. [read post]
18 Nov 2011, 8:06 am
The LLC, electing tax treatment as a C corporation is subject to the greater of an 8.84 percent corporate state income tax rate or a minimum tax of $800 and in the event an S election is made, the LLC would be taxed at a rate of 1.5% of profits. [read post]
10 Oct 2011, 9:06 am
The LLC, electing tax treatment as a C corporation is subject to the greater of an 8.84 percent corporate state income tax rate or a minimum tax of $800 and in the event an S election is made, the LLC would be taxed at a rate of 1.5% of profits. [read post]
11 Jan 2009, 3:15 pm
In any event, it had always been my client’s understanding that these were personal loans to the individuals, not to the company. [read post]
10 Nov 2020, 2:31 pm by Chukwuma Okoli
Damac Star Properties LLC (supra) is one of the cases where the Court of Appeal simply gives a choice of court agreement a contractual function without considering whether the choice of court agreement ousted the jurisdiction of the Nigerian courts, or whether Nigeria was the forum conveneins for the action.[5] This point is important, as it appears that there is now some movement in Nigerian jurisprudence towards giving choice of court agreements a contractual… [read post]