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4 Apr 2018, 11:40 am by IncNow
Even if the LLC does not actually pay a dividend to its member(s) in cash, but retains the funds for cash-flow reasons or reinvestment purposes, the income still appears on the member’s income taxes. [read post]
3 Oct 2018, 6:51 am by Woodrow Pollack
If she or he is not a lawyer, no.David Boggs, LLC and Mac Mar, LLC sued Matthew Soltis and his company My Affordable Roof, LLC for trademark infringement concerning the mark "MY AFFORDABLE ROOF. [read post]
29 Sep 2010, 5:00 am by J Robert Brown Jr.
  That the agreement is a matter of contract does not prevent the uniformed or the inattentive from investing in an LLC that eliminates most protections for investors. [read post]
19 Feb 2015, 7:56 pm by Mike Shovan
As reported by Robin Miller of CBAR, a Court will decline to order substantive consolidation of Chapter 7 debtors with non-debtor LLC. [read post]
27 Jun 2010, 7:56 pm by Jonathan Alper
This provision, the court said, is irrelevant in a single-member LLC because that member’s creditor takes the full title and powers of the debtor member upon levy without the consent of anyone other than the debtor.Second, the court said that although the LLC statute states that a creditor may apply for a charging lien against a debtor member the statute does not state that the charging lien is an exclusive remedy. [read post]
18 Mar 2020, 3:34 am by Cari Rincker
The Internal Revenue Code does not provide significant guidance pertaining to what constitutes a reasonable salary, but the following factors are often relevant to the determination. [read post]
3 May 2019, 1:59 pm by Eversheds Sutherland
FERC has issued an order authorizing Port Arthur LNG, LLC (Port Arthur LNG) and Port Arthur Pipeline, LLC to construct and operate a liquefaction and LNG export terminal in Port Arthur, Texas. [read post]
3 May 2019, 2:01 pm by Eversheds Sutherland
  The post Driftwood LNG Receives FERC Construction and DOE Export Authorizations appeared first on Eversheds Sutherland LNG Law Blog. [read post]
20 Jun 2016, 3:16 am by Peter Mahler
Unfortunately for us, the decision does not provide any details concerning the contested provisions of the operating agreement. [read post]
22 Jul 2014, 1:09 pm by Sutherland LNG
On Friday, Alaska LNG Project LLC (Applicants) filed an application with the U.S. [read post]
8 Mar 2010, 12:12 pm by Thomas Kerner
  Whereas the law does not allow a judgment creditor to do the same with a person's membership interest in an LLC. [read post]
13 Nov 2023, 4:07 am by Peter Mahler
The petitioner alleged that because the LLC had no written operating agreement as required by LLC Law Section 417(a), the entity did not attain LLC status and therefore had to be treated as a partnership. [read post]
17 Nov 2023, 9:54 pm by Cari Rincker
Within a series LLC, when one series is involved in a legal dispute or creditor action, it does not affect the parent company or any other series. [read post]
11 Aug 2014, 6:47 am by Michael Smith
Code section 23-18-4-8(e) specifies that failure to maintain those records does not constitute grounds for holding the owners personally liable for the obligations of the LLC. [read post]
27 May 2016, 12:51 pm by Sutherland LNG
Department of Energy (DOE) has issued two orders denying Sierra Club’s requests for rehearing of DOE orders which authorized: (1) Cheniere Marketing, LLC and Corpus Christi Liquefaction, LLC (CCL) to export LNG to nations without a Free Trade Agreement (non-FTA) from CCL’s proposed LNG terminal near Corpus Christi, Texas; and (2) Sabine Pass Liquefaction to export LNG to non-FTA nations from the Sabine Pass LNG terminal in Cameron Parish, La. [read post]