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24 May 2024, 7:22 am
By default, the US classifies LLCs as pass-through entities. [read post]
5 Nov 2018, 4:00 am
The post LLC, C-Corp or S-Corp you ask? [read post]
5 Nov 2018, 4:00 am
The post LLC, C-Corp or S-Corp you ask? [read post]
3 Dec 2015, 6:57 pm
I was puzzled by this at first, because doing it this way has no... [read post]
3 Dec 2015, 6:57 pm
I was puzzled by this at first, because doing it this way has no... [read post]
17 May 2023, 5:25 pm
What Can Investors Do? [read post]
26 Mar 2014, 2:00 am
Plaintiff: Galaxy Portfolio LLC / Worldwide Asset Purchasing, LLC Original Creditor: Direct Merchant Bank, N.A. [read post]
23 Oct 2023, 4:44 am
Courts in many if not most other states do not operate under the same statutory confines in LLC dissolution cases. [read post]
1 Sep 2010, 6:09 pm
Krohn Racing, LLC, which refused after trial to dissolve an LLC under Delaware §18-802. [read post]
8 Mar 2010, 12:12 pm
Whereas the law does not allow a judgment creditor to do the same with a person's membership interest in an LLC. [read post]
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]
28 Jan 2014, 2:24 am
Note the various cases involving plaintiff-appellant REALTIME DATA, LLC (doing business as IXO)Realtime Data, LLC (“Realtime”) appeals from multi- ple decisions of the United States District Court for the Southern District of New York, granting motions filed by several companies in the financial services industry (the “Defendants”) for summary judgment of (i) noninfringe- ment of various claims of U.S. [read post]
19 Apr 2021, 4:03 am
To be clear, I do not here suggest that Simon is the victim of majority abuse; the court found no fiduciary breach based on the terms of the operating agreement supported by the business judgment rule. [read post]
4 Apr 2018, 11:40 am
In multi-member LLC agreements (even husband and wife two-member LLCs), the LLC again defaults to pass-through tax treatment. [read post]
14 May 2018, 6:00 am
MHS Capital LLC v. [read post]
30 Jun 2010, 8:58 pm
Maxxum Group LLC, et al. [read post]
11 Aug 2014, 6:47 am
I do not believe so, or at least I do not believe that it should, based in part on a provision of the Indiana Business Flexibility Act, the statute that governs Indiana LLCs. [read post]
17 Jun 2021, 6:13 am
My reading of changes to the Nevada statute in 2019 meant that Nevada LLCs do not come with default fiduciary... [read post]
27 Sep 2018, 2:55 am
Do you need to register? [read post]
15 Apr 2021, 8:11 am
Shareholders do not elect the Officers of a corporation. [read post]