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15 Jul 2013, 10:51 am
As such, the act of any member for the apparent purpose of carrying out the usual business or affairs of the LLC binds the LLC unless (i) the member so acting in fact has no authority to act, and (ii) the person with whom the member is dealing has actual knowledge of this fact. [read post]
9 Nov 2014, 2:52 pm
Will an investment in the LLC cause a member to be subject to income or estate taxes in the state where the LLC does business? [read post]
9 Sep 2012, 12:41 pm
Do I need an LLC or corporation for my new business or is it safe to operate as a sole proprietor? [read post]
10 Jan 2023, 12:16 pm
ARMY CONTRACT FOR CLIENT MANTA GROUP LLC appeared first on Business & Litigation Lawyers . [read post]
11 Apr 2014, 11:55 am
Have you been sued by Rausch, Sturm, Israel, Enerson, & Hornik, LLC? [read post]
23 Jul 2022, 10:00 am
” Wreal, LLC v. [read post]
31 Mar 2022, 6:24 am
Just as with S corporations and partnerships, LLCs act as pass-through entities, allowing the members to claim any income on their personal tax returns while simultaneously not being personally liable for any debts taken on by the LLC. [read post]
9 Oct 2023, 9:34 pm
Required Information for Articles of Organization Articles of organization act like a business charter. [read post]
25 Jul 2023, 12:15 am
The California Revised Uniform Limited Liability Company Act defines a "distribution" as a transfer of money or other property from a "limited liability company" (Cal. [read post]
8 Apr 2015, 7:53 am
In a recent bid protest decision, the GAO held that the agency acted reasonably when it rated the large business as “unacceptable” for failing to propose a sufficiently high small business subcontracting goal. [read post]
26 Dec 2017, 3:34 am
In 2011, he bought out his then-business partner funded in part by a $10 million investment from Ecoplace LLC, a entity controlled by Stefanos Economou. [read post]
26 Apr 2008, 9:36 pm
I coined this term as shorthand for the LLC hedge fund, a private investment company that acts as a miraculous ordinary-income-to-capital-gains tax converter for LLC hedge fund managers and officers. [read post]
21 Dec 2023, 5:00 am
The Corporate Transparency Act (CTA) is part of sweeping Congressional changes to anti-money laundering laws. [read post]
31 Oct 2011, 3:00 am
Alston apparently attended to the LLC's business affairs without Sealy's involvement in the following years. [read post]
29 Jun 2023, 5:25 pm
According to DOJ’s press release: HX5 LLC and its owner and Chief Executive Officer, Margarita Howard, located in Fort Walton Beach, Florida, and an affiliated joint venture HX5 Sierra LLC, located in Cleveland, Ohio, have agreed to pay the United States $7,759,693.92 to resolve allegations that they violated the False Claims Act by knowingly providing false information to the Small Business Administration relating to HX5’s and HX5… [read post]
17 Mar 2023, 5:00 am
Fort Wayne, Indiana –The Plaintiff, Roller Ready, LLC, filed suit against Defendants, LA Systems, LLC d/b/a Monkey Rung and Paul Kiley for engaging in false marketing practices, violating the Indiana Deceptive Trade Practices Act, engaging in unfair competition under Indiana common law, and infringing on Roller Ready’s trademark. [read post]
18 Apr 2022, 12:15 am
Section 17703.01 provides that unless the articles of organization indicate that the LLC is a manager-managed limited liability company, every member is an agent of the LLC for the purpose of its business or affairs. [read post]
3 Jul 2013, 12:52 pm
” This mirrors similar language in the Delaware LLC Act, which provides: “It is the policy of this chapter to give the maximum effect to the principle of freedom of contract and to the enforceability of limited liability company agreements. [read post]
23 Jan 2010, 2:50 pm
The LLC owner risks only their investment in the business. [read post]
31 Aug 2023, 6:38 am
For estate planning purposes it is common for a trust to be an owner of a family company or other business. [read post]
