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3 Nov 2022, 6:35 am
This means that even if you form your business on December 31st, you will still need to pay the full $300 for having an LLC that existed any time during the previous year. [read post]
14 Jun 2016, 8:13 am
When Wills Mean Business: Planning for Your Business’s Future Planning for the future is not only necessary in your personal life, but also in your professional life, especially if you either own a business or invest in a business. [read post]
15 Dec 2010, 5:37 pm
One of the major rationales for forming an S-Corp often cited is its "pass through" taxation feature, seemingly on par with that of the LLC. [read post]
21 Oct 2019, 12:14 am
It’s Not Too Late to Register for the LLC Institute! [read post]
5 Dec 2016, 3:20 am
” In opposition, the majority member pointed to the LLC’s profitability and defended his actions as proper under the LLC Law, including his adoption of the operating agreement. [read post]
22 May 2012, 7:23 am
Accordingly, corporations are not individuals within the meaning of section 1. [read post]
30 Apr 2015, 5:52 pm
In my view, James errs in contending that Section 18-802 is the exclusive extra-contractual means of obtaining dissolution of an LLC. [read post]
18 Aug 2010, 6:14 am
He argues that DGCL Section 271, governing the sale of "all or substantially all" of a corporation's assets is a mandatory provision, meaning that it "cannot be modified, clarified or otherwise waived by the terms of a corporation's governing documents. [read post]
16 Oct 2017, 3:33 am
” In upholding Tungsten’s Member status, Justice Kornreich rejected AGI’s reliance on the “as applicable” coda in Tungsten’s signed affirmation in the Award Agreement (“I agree to be bound by the terms of . . . the LLC Agreement, as applicable”), reasoning that, while “not all portions of the Operating Agreement are pertinent to Tungsten (e.g., it has no control rights), [AGI’s]… [read post]
16 Oct 2017, 3:33 am
” In upholding Tungsten’s Member status, Justice Kornreich rejected AGI’s reliance on the “as applicable” coda in Tungsten’s signed affirmation in the Award Agreement (“I agree to be bound by the terms of . . . the LLC Agreement, as applicable”), reasoning that, while “not all portions of the Operating Agreement are pertinent to Tungsten (e.g., it has no control rights), [AGI’s]… [read post]
25 Jun 2018, 12:57 pm
It’s an immutable record, which means that the asset records created and stored on the blockchain cannot be changed once they’ve been added. [read post]
9 May 2019, 10:32 am
Who is Ford Motor Credit Company LLC? [read post]
24 Oct 2022, 6:57 am
Here’s what you need to know. [read post]
16 Apr 2014, 8:22 am
If called upon to pay under the guarantee, the guaranteeing member may seek recourse only against the LLC’s assets, if any. [read post]
10 May 2008, 10:15 am
What this means is that the use of a simple state conversion form to convert an LLC to a corporation may eliminate the future ability of the corporation's shareholders to take a large deduction on their individual tax returns. [read post]
8 Nov 2022, 12:08 pm
The home-office deduction is a standard deduction, which means it does not have to be itemized. [read post]
30 May 2023, 5:18 pm
The post Discovering the Precise Financial Stake of LLC Plaintiff’s Members and Litigation Funder: Court Rules in Favor of Defendants’ Motion to Compel Disclosure appeared first on Patent Lawyer Blog. [read post]
12 Mar 2007, 8:34 am
For example, a startup may have initially decided to form an LLC in order to pass through the LLC's losses to the owners' tax returns, thereby allowing them to deduct such losses from their other non business related income. [read post]
20 Jan 2019, 8:36 am
You may have received a letter from Midland Funding, LLC and wonder what it’s all about. [read post]
11 Apr 2014, 11:55 am
Have you been sued by Rausch, Sturm, Israel, Enerson, & Hornik, LLC? [read post]