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3 Oct 2023, 12:46 pm by Matthew Dochnal
For BOI reporting purposes, ownership interest encompasses: Equity, Stock, or Voting Rights: This interest might or might not come with voting rights Options or Privileges: Stock options and related entities like puts, calls, or other options to buy or sell equity, stock, or voting rights Convertible Instruments: These instruments, such as convertible equity or voting rights, count as ownership interest, irrespective of any payment needed for a conversion Future Arrangements: Future considerations… [read post]
2 Oct 2023, 6:52 am by Geoff Cockrell
Attorney’s Office for the Northern District of Texas announced a settlement with Oliver Street Dermatology Management LLC. [read post]
29 Sep 2023, 8:59 am by Amy Howe
As a result, the agents told him, he would be unable to return to the United States – unless he agreed to become an informant for the FBI. [read post]
29 Sep 2023, 6:39 am by Matthew Dochnal
These requirements impact nearly all limited liability companies (LLCs) and corporations. [read post]
28 Sep 2023, 8:01 am by jeffreynewmanadmin
  On September 21, 2023, the district court granted the United States’ motion for default judgment and awarded judgment in favor of the United States and against the defendants in the amount of $105,634,097.50 for Shah, $6,159,118 for Tomoka Medical Lab, Inc., $23,996,305.50 for Tennessee Valley Regional Laboratories, LLC, $75,478,674.00 for Luminus Diagnostics, LLC, $105,634,097.50 for Golden Rule Management, LLC, and $54,587,325.00 for… [read post]
Inc., the cannabis company received a letter signed by 20 out of the 28 employees at one of the company’s stores, demanding that the company recognize and bargain with the union. [read post]
25 Sep 2023, 2:09 pm by Katelynn Minott, CPA & CEO
(This rate only applies to C-Corporations, not S-Corps, LLCs, or partnerships.) [read post]
21 Sep 2023, 9:01 pm by Haofei Liu
The legislation, which took over five years to develop, forces companies to screen for inappropriate content proactively instead of reacting to alerts of illicit content. [read post]
21 Sep 2023, 7:20 am by Robin E. Kobayashi
Robinson, Co-Editor-in-Chief, Workers’ Compensation Emerging Issues Analysis (LexisNexis) As we move through the third decade of the twenty-first century, the United States remains a land of contradictions. [read post]
19 Sep 2023, 5:14 am by Unknown
The court explained that an Up-C structure allows the public to participate in a company both economically and in governance through Class A shares, while insiders participate economically through their LLC units and in governance through Class B shares. [read post]
18 Sep 2023, 6:17 pm by Francis Pileggi
Background The source of the litigation began in 2015, when GoDaddy completed an Up-C IPO, a structure which the court said, “layers a parent- level corporation on top of a limited liability company that is treated as a partnership for tax purposes” and has a member interest in the LLC divided into a number of units – some of which are owned by GoDaddy and some by public and private equity investors. [read post]
17 Sep 2023, 5:51 am by David Oxenford and Robert Primosch
  One of its LLC members had acquired the 40.5% interest of another member, giving the acquiring party 81% of the company, without seeking prior FCC approval. [read post]
16 Sep 2023, 11:15 am by Katelynn Minott, CPA & CEO
Starting an LLC as a foreigner in the United States is a complex endeavor with many considerations to keep in mind. [read post]
15 Sep 2023, 11:47 am by The White Law Group
The company invests in hospitality properties including select-service, extended-stay, and compact full-service hotel properties throughout the United States. [read post]