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9 Feb 2021, 7:53 am
The son was not an initial owner of the LLC and only obtained interest in the company after his father gifted him shares of the LLC. [read post]
7 Feb 2020, 1:29 pm
Last week, the Financial Industry Regulatory Authority (FINRA) censured and assessed a fine of $50,000 against a national investment firm, Paulson Investment Company LLC, in connection with its sale and solicitation of private placement offerings to investors, in violation of Rule 506 of Regulation D and Section 5 of the Securities Act of 1933. [read post]
1 May 2008, 2:02 pm
Indiana has no case law on dissolving a limited liability company. [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]
30 Mar 2011, 9:11 am
The attorneys at Eccleston Law have launched an investigation of John Scott Clark and his companies, Impact Cash, LLC and Impact Payment Systems, LLC for allegedly committing offering fraud and operating a $47 million Ponzi scheme. [read post]
10 Sep 2009, 9:10 am
So, while owners may ultimately lose substantial amounts of money when their companies are found liable in tort or contract law, these owners are not in danger of losing their personal life savings and other investments. [read post]
16 Apr 2011, 3:04 pm
The new law requires both existing and newly formed LLCs, as well as out-of-state professional LLCs doing business in Illinois, to submit an “Application for a Limited Liability Company Registration” or similar application, pay a fee, and obtain a certificate from the IDFPR. [read post]
3 Aug 2013, 5:20 pm
The post Filing Requirements and Suspension of Corporate or LLC Powers appeared first on San Jose Attorney and Counselor At Law - Richard G. [read post]
11 Aug 2014, 6:47 am
The post LLC Veil Piercing: Required Corporate Formalities, revisited appeared first on Indiana Business Law Blog. [read post]
3 Apr 2014, 12:33 pm
Since these debts have a track record of being unpaid, they are a bargain and can be sold in bulk to companies like Midland Funding, LLC. [read post]
9 Jun 2022, 3:03 am
Although the law permits a trust to own an LLC, the LLC operating agreement may not. [read post]
18 Mar 2021, 10:52 am
If you have a limited liability company (LLC) in Iowa, you will need to draft and file a number of documents with the state to maintain your business. [read post]
25 Jul 2020, 5:47 am
Here is another of the cases where the insured is suing the insurance adjuster and the insurance company is arguing the new law found in the Texas Insurance Code, Chapter 542A governs the case. [read post]
6 Mar 2015, 10:00 am
Contact Structure Law Group Today to Form Your LLC The personal liability protections of a limited liability company only apply if certain formalities are observed. [read post]
15 Feb 2013, 8:08 am
However, under the check-the-box rules, a limited liability company (LLC) can elect to be taxed for federal tax purposes as a corporation. [read post]
15 Feb 2013, 8:08 am
However, under the check-the-box rules, a limited liability company (LLC) can elect to be taxed for federal tax purposes as a corporation. [read post]
10 Feb 2020, 10:46 am
The law also gives access to “other information regarding the affairs of the limited liability company as is just and reasonable. [read post]
25 Jul 2016, 6:17 am
Harris is a partner in the Commercial Law Counseling Group at Morris, Nichols, Arsht & Tunnell LLP. [read post]
30 Apr 2021, 6:42 am
You have an obligation to keep proper records under §1102 of the New York Limited Liability Company Laws. [read post]
30 Apr 2021, 6:42 am
You have an obligation to keep proper records under §1102 of the New York Limited Liability Company Laws. [read post]
