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5 Mar 2019, 11:40 am
Since I see on a regular basis operating agreements that do not incorporate the changes in the regulations, I thought I would mention a key change in this post. [read post]
15 Apr 2021, 8:11 am
You may be asking “What does LLC stand for,” “Which entity should I choose,” “What is Inc. [read post]
23 Oct 2020, 8:05 am
You may be asking “What does LLC stand for,” “Which entity should I choose,” “What is Inc. [read post]
21 Aug 2017, 3:33 am
Examples include Justice Driscoll’s decision in Matter of Ross, which I wrote about here, and Delaware Chancery Court’s decision in In re Seneca Investments, LLC, which I wrote about here. [read post]
21 Aug 2017, 3:33 am
Examples include Justice Driscoll’s decision in Matter of Ross, which I wrote about here, and Delaware Chancery Court’s decision in In re Seneca Investments, LLC, which I wrote about here. [read post]
3 Sep 2020, 1:44 pm
Previously, I’ve written on the general substantive and procedural requirements of piercing the corporate veil of an entity and alter ego jurisdiction over corporate groups. [read post]
1 Dec 2020, 9:27 am
In September of 2015, I did a Westlaw search, which returned 4575 cases referring to a "limited liability corporation," rather than the proper "limited liability company" or LLC. [read post]
26 Jul 2016, 5:31 am
Anyone who reads this blog knows that I have issues related to the distinction between LLCs (limited liability companies) and corporations. [read post]
4 Oct 2014, 7:56 am
An idea in thepaper is that (a) a lot of LLC equity is sold to outsiders (that is, investors not... [read post]
23 Oct 2023, 4:44 am
But in a recent LLC judicial dissolution case out of Mississippi, that state’s intermediate appellate court upheld an alternative remedy the likes of which I’ve never seen before. [read post]
28 Apr 2023, 12:37 pm
IncNow: How Do I Add a Member to a Delaware LLC? [read post]
16 Jan 2018, 3:54 pm
I have had reason to look back on some foundational scholarship in LLCs recently, and one article really stood out for me. [read post]
5 Jul 2016, 6:38 am
So, readers of this blog know that I despise the misuse of the term "limited liability corporation" when the writer or speaker means "limited liability company," which is the correct term for an LLC. [read post]
24 Mar 2014, 8:22 am
In my article Abolishing LLC Veil Piercing, I argued that: Courts are now routinely applying the corporate law doctrine of veil piercing to limited liability companies. [read post]
6 Aug 2019, 8:28 pm
I decided to track the path of "limited liability corporation" (which should be "limited liability company" when referring to an LLC) in a recent court case. [read post]
19 Apr 2021, 4:03 am
Of late I’ve been ruminating on New York’s membership in the shrinking pool of states that don’t recognize oppression of an LLC minority member by the controlling members or managers as ground for judicial dissolution. [read post]
2 Dec 2006, 6:20 pm
Interest in the Nevis LLC is increasing. [read post]
18 Nov 2014, 9:11 am
I’m starting to think that courts are playing the role of Lucy to my Charlie Brown, and proper description of LLCs is the football. [read post]
2 Feb 2020, 7:05 am
New York and Delaware do not provide an oppression remedy (By oppression, I include the broad category of wrongful conduct that majority owners may inflict on minority owners.) [read post]
21 May 2022, 4:00 am
On this SSH webcast, I’m joined by Kimberly O’Shields of Continuum Solutions LLC. [read post]