Search for: "ACT Business LLC"
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3 Aug 2018, 11:55 am
Most states’ respective LLC laws are referred to as an “LLC Act”, (for example, the “Delaware LLC Act” or the “Illinois LLC Act”). [read post]
15 Feb 2019, 11:41 am
For example, Delaware has the “Delaware LLC Act” and Illinois has the “Illinois LLC Act”. [read post]
14 May 2018, 6:00 am
MHS Capital LLC v. [read post]
12 Sep 2012, 6:45 am
To be clear, there are instances where an LLC owner can be personally liable despite any entity status, including: - personally and directly injuring someone, - personally guaranteeing a business loan or other liability, or - intentionally or recklessly committing fraud or illegal acts. [read post]
12 Apr 2020, 6:39 pm
Section 18-802 of Delaware’s Limited Liability Act (“LLC Act”) provides a statutory basis for the Court of Chancery to dissolve a Delaware LLC. [read post]
3 Nov 2021, 1:21 pm
Further, the members might want to spell out each member’s role, duties, and responsibilities in connection with the LLC’s business. [read post]
29 Sep 2010, 5:00 am
JER, as the funding member of the LLC, would then approve or disapprove the proposed business plan and budget. [read post]
16 Jan 2009, 7:21 pm
Ch., Jan. 13, 2009), read opinion here, (hat tip: Delaware Business Litigation Report), the Delaware Chancery Court dissolved an LLC based on the standard in Section 18-802 of the Delaware LLC Act, that it was not "reasonably practicable" to carry on the business of the LLC.... [read post]
14 Oct 2019, 6:00 am
Here, the Court of Chancery found the managers’ contractual duty to be a narrow one: act with a good faith belief that their conduct was in or not opposed to the LLC’s best interests. [read post]
30 Jul 2013, 1:15 pm
The Indiana Business Flexibility Act already provided for a great deal of flexibility for management structure. [read post]
21 Apr 2020, 10:55 am
The post Pandemic Risk Insurance Act and the Future of Business Interruption Insurance appeared first on Insurance & Reinsurance. [read post]
23 Sep 2008, 7:55 pm
Merely acting as a holding company without an active business is not even close to good enough to warrant dissolution. [read post]
23 Aug 2023, 6:00 am
In regard to the Supreme Court’s AMG Capital Management, LLC vs. [read post]
16 Jul 2021, 6:25 am
Often, this means either planning to act as the registered agent yourself or contacting a business attorney who will act as the registered agent on your behalf. [read post]
16 Jul 2021, 6:25 am
Often, this means either planning to act as the registered agent yourself or contacting a business attorney who will act as the registered agent on your behalf. [read post]
19 Sep 2016, 3:32 am
Coltea counterclaimed for judicial dissolution of Rubicon pursuant to § 802 of the Delaware LLC Act. [read post]
30 Sep 2022, 12:15 am
FinCEN Should Have Heeded Polonius Yesterday, the Financial Crimes Enforcement Network (FinCEN) issued its long-awaited final rule requiring beneficial ownership information reporting by corporations and other business entities pursuant to the bipartisan Corporate Transparency Act. [read post]
8 Dec 2021, 6:13 am
Each situation is unique, and you should not act or rely on any information contained herein without seeking the advice of an experienced attorney. [read post]
23 Apr 2013, 7:00 am
The Revised Act allows an LLC to be formed for any business purpose, including operating as a non-profit organization. 3. [read post]
10 Jan 2010, 6:31 am
But when the Class Action Fairness Act is involved, things are different. [read post]
