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20 Jun 2016, 3:16 am by Peter Mahler
Given that the LLC in Warren was formed in 1995, and assuming the operating agreement was made at that time — which was before the IRS instituted check-the-box partnership taxation for LLCsI’m guessing that the agreement tracked the then-prevalent default rule triggering non-judicial dissolution of the LLC upon the death of a member unless the remaining members consented to continue it. [read post]
22 Feb 2016, 7:28 pm by Michael Smith
[The other articles in this seven-part series are here:  Part I, Part III, Part IV, Part V, Part VI, Part VII.] [read post]
13 Oct 2019, 11:14 pm by Peter Mahler
Most LLC agreements that I encounter utilize fixed membership interests expressed either as a percentage or by number of units. [read post]
28 Dec 2022, 6:06 pm by Francis Pileggi
” The court further reasoned that:  “Due process is satisfied as long as (i) the allegations against the defendant-manager focus centrally on the defendant’s rights, duties an obligations as a manager of a Delaware LLC, and (ii) the resolution of the matter will be inextricably bound up in Delaware law. [read post]
15 Jul 2011, 5:44 pm
A limited liability company (LLC) is a business entity that is separate from any individual member (owner) of the LLC. [read post]
14 Jun 2021, 4:32 am by Peter Mahler
I’ve previously written about several interesting decisions by Iowa’s intermediate appellate courts in LLC dissolution cases (here, here, and here). [read post]
9 Mar 2023, 5:01 am by Eugene Volokh
Politico LLC</i> Dismissed on Jurisdictional Grounds appeared first on Reason.com. [read post]
17 Jul 2008, 9:15 pm
Also on July 17, 2008, Debtor DLN Holdings filed an adversary proceeding against Silver Point Finance, LLC,&nbsp;&nbsp;Field Point (, LLC, Field Point III, LLC SPF CDO I, LLC and SPCP Group, LLC, to enjoin them from enforcement of collection against Dataline. [read post]
6 Jan 2016, 8:42 pm by joanheminway
Tomorrow afternoon (as Anne promoted earlier today), I will participate in the annual Association of American Law Schools ("AALS") panel discussion for the Section on Agency, Partnerships, LLCs and Unincorporated Associations. [read post]
8 Dec 2011, 12:01 pm by James F. McDonough, Jr.
Each one of these sub-businesses are able to own their own separate “LLC” beneath the Master LLC. [read post]
7 Nov 2018, 4:24 pm by Richard Burt
The post Administrative Dissolution of Corporations and LLCs appeared first on San Jose Attorney and Counselor At Law - Richard G. [read post]
23 Jul 2010, 7:45 am by Jonathan Alper
A well-known tax attorney from south Florida asked me whether I thought it possible to create a limited partnership which could elect to be taxes as an s-corporation and then transfer s-corporation stock from an existing LLC to the newly formed partnership. [read post]
5 Jul 2021, 4:05 pm by Francis Pileggi
[I recently co-authored an article for the Delaware Business Court Insider that discussed other Delaware decisions that allowed similar tandem claims to proceed.] [read post]