Search for: "Hands On Companies, LLC "
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26 Sep 2007, 2:10 pm
Early in my LLC research, when I started my first LLC book for Nolo, Form Your Own Limited Liability Company, I realized that taxes were a big part of the picture when one surveyed the LLC landscape. [read post]
4 Jan 2016, 6:10 am
Conclusion This decision is an important read for any party entering into an LLC agreement that places the valuation of stock in the hands of a third-party appraiser. [read post]
11 Apr 2017, 3:55 pm
Furie Operating Alaska, LLC (“Furie”) has agreed to pay a $10 million civil penalty handed down by the U.S. [read post]
26 Oct 2012, 9:58 am
Delivery has to be made by hand or by certified or registered mail, return receipt requested. [read post]
2 Mar 2016, 12:50 am
With the bankruptcy courts’ inconsistent treatment of a debtor’s LLC membership rights, how should someone structure a limited liability company to maximize the possibility that, should the member file for bankruptcy protection, the member’s noneconomic rights will not end up in the hands of a bankruptcy trustee and, possibly, a subsequent acquirer? [read post]
18 Jan 2021, 10:48 am
He then filed suit alleging a declaration of his 20 percent interest in the LLC. [read post]
27 May 2012, 5:00 pm
Thus, depending on needs or desires, the limited liability company can be a hands-on, owner-managed company, or a relatively hands-off operation for its members where hired managers actually operate the company. [read post]
1 Sep 2010, 6:14 am
As I have mentioned several times in the past (here and here), LLCs, while very useful for general business purposes, are generally discouraged when a company is planning on seeking institutional venture capital. [read post]
3 Apr 2014, 12:33 pm
Since these debts have a track record of being unpaid, they are a bargain and can be sold in bulk to companies like Midland Funding, LLC. [read post]
12 Jun 2023, 2:27 am
On the other hand, as argued by Professor Kleinberger, the direct/derivative distinction is a necessary consequence of regarding the LLC as a separate legal person. [read post]
26 Sep 2017, 10:55 am
In a decision handed down on August 15, 2017, by the New York Appellate Division First Department, the court endorsed the practice of the appointment of a Special Litigation Committee (SLC) by a limited liability company (LLC) “at least where explicitly contemplated” by the LLC’s operating agreement.[1] However, where the operating agreement does not explicitly provide for such an appointment or otherwise evince intent to delegate core… [read post]
22 Dec 2017, 10:00 am
For instance, many investors choose to place real estate under the ownership of a corporation or limited liability company (“LLC”). [read post]
2 Mar 2016, 12:50 am
Please feel free to contact us if you would like to set up a new limited liability company, establish an operating agreement for an existing LLC, resolve a dispute among LLC members, or have any other questions regarding LLCs. [read post]
3 Sep 2018, 6:16 pm
This case was based on the member’s claim that he was entitled to a percentage of the company’s cash on hand that correlated with his membership interest. [read post]
12 Apr 2020, 6:39 pm
The statute, which confers standing upon an LLC member of manager, states that the Court of Chancery “may decree dissolution of a limited liability company whenever it is not reasonably practicable to carry on the business in conformity with a limited liability company agreement. [read post]
22 Jul 2022, 9:21 am
On the other hand, if you are like 99% of Delaware LLC members and conduct business outside of Delaware, you will not need a Delaware business license. [read post]
10 Mar 2009, 11:15 am
It noted that neither the Limited Liability Company Act nor the Virginia Stock Corporation Act imposed fiduciary duties “between members of an LLC, between members and managers of an LLC, between stockholders of a corporation, or between individual shareholders and officers and directors. [read post]
24 Sep 2021, 9:48 am
Public Benefit LLCs are also available in a handful of other states including Maryland, Oregon, Pennsylvania, Utah, and Kansas. [read post]
15 Sep 2008, 4:00 am
They did so for tax advantages, to keep the land within the family, and to keep the land out of the hands of the sisters’ spouses. [read post]
19 Dec 2018, 12:23 pm
Given that California Courts are not known for business decisions (sometimes referring to the LLC as a Limited Liability “Corporation” rather than “Company) it would not be wise to leave the fate of your business in these unpredictable hands. [read post]
