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15 Jul 2016, 2:50 pm
If the LLC holds the real property for investment, the income from the sale of the real property is not from a “trade or business,” and the concept of “cost of goods sold” does not apply. [read post]
21 Jul 2015, 12:15 pm
Department of Energy issued an order authorizing G2 LNG LLC to export by vessel approximately 672 Bcf/year of LNG over a 30-year term from a proposed liquefaction and export terminal along the Calcasieu Ship Channel in Cameron Parish, La., to nations with a Free Trade Agreement (FTA) with the United States. [read post]
20 Nov 2018, 8:05 am
Tom Rutledge posts the following over at the Kentucky Business Entity Law Blog: LLC Members Are Not the LLC’s Employees There is now pending before the Eighth Circuit Court of Appeals of a suit that may turn on whether the... [read post]
16 Feb 2024, 12:44 pm
Some states impose an additional franchise tax on companies that operate in their state, but Pennsylvania does not impose this type of tax on LLCs. [read post]
16 Jul 2010, 8:15 pm
The point is that when you set up an offshore asset protection entity like a Nevis LLC your money is not in Nevis, and the offshore LLC manager does not personally control your money and assets. [read post]
9 Jul 2014, 11:52 am
In February 2014, Cameron LNG, LLC (“Cameron”) filed an application with the Office of Fuel Energy (“FE”) of the DOE to transfer indirect control of a DOE/FE authorization to export LNG to free-trade-agreement (“FTA”) countries and a DOE/FE conditional authorization to export LNG to non-FTA countries. [read post]
10 May 2024, 7:16 am
For instance, a person holding the title of vice president in an LLC does not necessarily owe fiduciary duties to the LLC, unless the operating agreement of the LLC specifies otherwise. [read post]
31 Oct 2018, 11:33 am
Since Delaware does not require you to disclose Member information on the filing or when you make the annual payment, an agent is your liaison with the state. [read post]
10 Apr 2024, 12:15 pm
Though the state does not require that you file the operating agreement, you should store the agreement with the business records and update it as necessary. [read post]
7 May 2008, 9:25 am
The Chancellor flatly rejected that argument as an attack on the veto rights that were given in the LLC Agreement.The opinion also holds that a member's consultation with his designated managers on the LLC Board does not give Delaware jurisdiction over that member under the long arm statute's provisions that subject managers to jurisdiction in Delaware. [read post]
5 Sep 2016, 2:27 pm
We’ll return later to some other metaphysical questions, but this article discusses the more mundane question, how does one set up a series LLC in Indiana? [read post]
13 Sep 2023, 12:39 pm
How much does it cost to start an LLC? [read post]
15 Oct 2015, 11:19 am
However, if the LLC has declared bankruptcy, the purchaser does not want to pay a debtor-member with a note because payments made could be garnished. [read post]
21 Oct 2009, 8:07 pm
But the corporation does have its downsides. [read post]
27 Jan 2023, 11:04 am
Does the Operating Agreement resolve he dispute? [read post]
27 Jan 2023, 11:04 am
Does the Operating Agreement resolve he dispute? [read post]
24 Aug 2008, 11:34 pm
Buck & Doe Run Valley Farms, LLC., C.A. [read post]
23 Jan 2014, 12:52 pm
However, it does not need to be. [read post]
23 Jan 2014, 12:52 pm
However, it does not need to be. [read post]
23 Jan 2014, 12:52 pm
However, it does not need to be. [read post]