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22 Dec 2017, 10:00 am
It is important to choose the right kind of entity to make sure your real estate is properly protected. [read post]
2 Dec 2019, 1:11 am
However, a few states prohibit certain licensed professionals from forming an LLC, and others require professionals to form a special kind of LLC called a professional limited liability company. [read post]
13 Nov 2023, 4:07 am
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]
12 Jun 2019, 6:07 am
You don’t have that kind of money. [read post]
17 Jul 2011, 8:26 am
More generally, I would suggest the need not only for more data but also more theory to guide both what kinds of data to get and how to interpret the data that is gotten. [read post]
28 Jun 2021, 3:10 am
Managing Members Accused of Breaching Fiduciary Duty By Acquiring LLC’s Mortgage Loan We now turn to a case of alleged self-dealing of a different kind, also involving a single-asset realty holding LLC. [read post]
27 Feb 2023, 4:34 am
In New York, the rights of the estate of a deceased LLC member are codified in Section 608 of the LLC Law. [read post]
13 Apr 2010, 6:03 am
Louis and founder of Hit Your Stride, LLC works with attorneys on a regular basis. [read post]
2 Aug 2023, 7:08 am
Think about the kind of legal risks your business faces. [read post]
15 Jul 2019, 4:10 am
But close inspection of the affidavits reveals nothing of the kind. [read post]
8 Aug 2022, 3:10 am
The last step in the conversion was the pro rata, in-kind distribution of the Partnership’s only remaining asset – its ownership interest in the Company – to each partner, whether a Family LLC or an individual. [read post]
27 Jan 2012, 7:00 am
One question that arises, then, is whether your assets should be spread across separate or multiple LLCs. [read post]
15 Nov 2012, 5:49 am
And remember, you can find answers to all kinds of questions about LLCs and other tax and business issues, free. [read post]
20 Nov 2015, 11:44 am
So when deciding what kind of entity is best for your needs--keep in mind that a limited liability company will generally be preferable from an asset protection standpoint. [read post]
13 Nov 2012, 5:17 am
” Hi Matt, Yes, an LLC can elect to file as an S Corp. [read post]
16 Apr 2018, 3:46 am
In Pappas, had the operating agreement included some kind of a mechanism for a buyout of a deceased member’s interest in the LLC, such as an appraisal, litigation might have been avoided entirely. [read post]
21 Jul 2011, 7:09 pm
They can run it in the structured manner that a corporation is governed, run it informally, or operate some kind of hybrid of the two. [read post]
21 Jul 2011, 7:09 pm
They can run it in the structured manner that a corporation is governed, run it informally, or operate some kind of hybrid of the two. [read post]
19 Feb 2018, 3:22 am
Will courts eventually “borrow” the LLC equitable buyout concept for other kinds of dissolution proceedings? [read post]
27 Jun 2016, 3:21 am
Professor Molk’s first-of-its-kind study tests theory with the reality of what is actually happening in the world of LLC operating agreements. [read post]
