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25 Oct 2011, 10:42 am
Virtually no “mandatory” rules exist in LLC law. [read post]
21 May 2012, 3:05 pm
LLC Law Monitor blog reports that: The Federal District Court in New York granted summary judgment to pierce the veil of a Delaware limited liability company in Soroof Trading Development Co. [read post]
15 Nov 2022, 9:24 am
The Tennessee Revised Limited Liability Company Act (the “Act”) expressly codifies a rule which limits the personal liability of LLC members related to LLC business (the “Limited Liability Rule”). [read post]
2 May 2016, 3:09 am
The decision also granted plaintiff access to the LLC’s books and records as permitted pursuant to LLC Law § 1102 (b). [read post]
16 Jun 2023, 5:29 am
DALLAS, TX / ACCESSWIRE / June 15, 2023 / Public Ventures, LLC, a wholly owned subsidiary of MDB Capital Holdings, LLC, today announced it received official approval on May 31 to become both a Participant as set forth by the rules, by-laws and organization certificate of The Depository Trust Company (DTC) and a [...] [read post]
22 Jul 2013, 6:59 pm
RULLCA is based on the Revised Uniform Limited Liability Company Act, which was drafted and approved by the National Conference of Commissioners on Uniform State Laws in 2006. [read post]
4 Jan 2012, 7:22 am
I was researching some issues for an LLC operating agreement and ran across an excellent post from the Wisconsin Business Law Blog on the fact that capital calls are often overlooked by LLC investors. [read post]
29 Jul 2020, 12:27 pm
When incorporating or forming an LLC, the internal affairs of a company, such as its liability shield, are governed under the jurisdiction of the state in which the company has been organized. [read post]
23 Mar 2015, 3:38 pm
A member of a Delaware limited liability company (“LLC”) may find it desirable to make a demand to inspect the books and records of the company. [read post]
3 Nov 2022, 6:35 am
As a result, companies located in most parts of the world benefit from Delaware’s #1 rated corporate laws and business protections. [read post]
31 Oct 2017, 10:42 am
New Jersey has followed the national trend in creating the “limited liability company,” (known as “LLC”), as an allowable form of business entity under New Jersey business law. [read post]
10 Jun 2021, 7:29 pm
A recent Delaware Supreme Court ruling validated a decision of the Delaware Court of Chancery from almost two decades ago which held that federal bankruptcy law does not entirely preempt the Delaware LLC Act in all respects to the extent that the LLC Act provides for a member of an LLC to become an assignee only with economic rights upon the filing of bankruptcy by that member. [read post]
19 Feb 2018, 11:13 am
MALIBU MEDIA LLC ISP Subpoena: MALIBU MEDIA LLC, the movie company behind the adult movies featured on the X-Art.com website filed lawsuits in 5 states this past week. [read post]
1 Nov 2023, 9:00 pm
Starting a limited liability company (LLC) takes a lot of work. [read post]
5 Oct 2014, 2:18 pm
Under Tennessee law, at least in some cases, LLC members do owe fiduciary duties to other LLC members. [read post]
28 Apr 2010, 6:27 am
While the New York limited liability company law provides for some default rules applicable to LLCs that do not have an operating agreement in place, Members are well advised to craft their own rules by way of an Operating Agreement (which is actually required by law in New York, Section... [read post]
28 Apr 2023, 12:37 pm
What Is a Delaware Limited Liability Company (LLC)? [read post]
5 Sep 2016, 2:27 pm
Continue Reading The post Indiana Series LLCs, Part IV: Setting up an Indiana Series LLC appeared first on Indiana Business Law Blog. [read post]
5 Sep 2016, 2:27 pm
Continue Reading The post Indiana Series LLCs, Part IV: Setting up an Indiana Series LLC appeared first on Indiana Business Law Blog. [read post]
1 Aug 2023, 12:15 am
The same 2022 legislation deleted "executive" from references to offices in the General Corporation Law. [read post]
