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27 Sep 2020, 6:58 am by Cari Rincker
Two of the most popular entity types are the limited liability company (LLC) and the corporation. [read post]
3 Mar 2020, 8:41 am by IncNow
It would not be wise to leave the fate of your business in these hands. [read post]
12 Jul 2010, 10:15 am by Douglas Reiser
A new Washington law sews up the LLC cancellation loophole Back in May 2009, the Washington Supreme Court handed down a startling decision in Chadwick Farms Owners Association v. [read post]
28 Apr 2009, 2:38 pm
One the one hand, it provided that “The Members shall have the same duties and obligations to each other that members of a [Delaware] limited liability company have to each other” while on the other hand it also provided that “Except for any duties imposed by [the limited liability company agreement]…each Member shall owe no duty of any kind towards the Company or the other Members in performing its duties.... [read post]
6 Aug 2010, 7:48 am by Douglas Reiser
Division III: LLC Memebers take undisposed LLC assets Our Washington State Court of Appeals, Division III, handed down an interesting ruling relating to the assets of cancelled LLCs. [read post]
1 Oct 2012, 2:00 am by Peter Mahler
Only a handful of states enacted ULLCA, and only one of them — Illinois — was a major commercial jurisdiction. [read post]
7 Dec 2007, 9:24 am
Judicial dissolution of a New York limited liability company (LLC) is governed by Section 702 of the LLC Law (LLCL), whereas judicial dissolution of a closely held business corporation is governed by Article 11 of the Business Corporation Law (BCL). [read post]
4 Mar 2013, 7:07 am
I formed two California limited liability companies for the transaction. [read post]
1 Oct 2020, 11:26 am by Shannon Hill
District Court found that GoPro infringed two camera streaming patents from the action camera company, Contour, LLC. [read post]
21 Apr 2008, 1:52 am
Answer: True, you can form the company online, but the mere existence of the LLC offers little protection. [read post]
29 May 2018, 6:48 am by dbllawyers
On other hand, an LLC owning and leasing real property will satisfy the business purpose requirement. [read post]
19 Apr 2021, 4:03 am by Peter Mahler
On the other hand, one can appreciate the hardship on an elderly, outside investor in a profitable LLC who receives no distributions while having to pay taxes on her allocable share of the LLC’s substantial net income. [read post]
2 Mar 2020, 3:48 am by Peter Mahler
The same holds true for anyone contemplating the acquisition by assignment of a membership interest in a limited liability company. [read post]
4 Apr 2018, 11:45 am by IncNow
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]
7 Dec 2021, 9:15 am by Logan Murr
IPWatchdog is told it is one of only a handful of PIs Albright has issued. [read post]
9 Sep 2020, 5:37 am by Cari Rincker
These questions are just a handful of the issues that should be considered as part of an LLC business succession plan. [read post]
22 Jul 2019, 2:49 am by Peter Mahler
In 2015, the petitioner Tufenkian petitioned to dissolve the LLC based on deadlock and the company’s alleged insolvency. [read post]