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5 Oct 2018, 2:03 pm by IncNow
If the LLC itself does not exercise this right with the period of time, then next each sitting Member is given a right to purchase the interest in the company under the terms of the offer. [read post]
7 Mar 2019, 1:56 pm by Walker & Walker Law Offices
But just because a company threatens a lawsuit does not mean you have to be bullied. [read post]
13 Mar 2023, 4:33 am by Peter J. Sluka
 Under LLC Law § 603, a member may assign her interest in an LLC, but the assignee of a member’s interest does not become a member in the LLC; they become an “economic interest holder,” permitted to receive distributions, but not permitted to participate in the management of the LLC, sue derivatively, or petition for dissolution of the LLC (although, perhaps—as this post considers—the heirs to a deceased… [read post]
11 Aug 2014, 3:32 am by Peter Mahler
In the late 1990′s, after the IRS adopted the check-the-box regulations assuring partnership tax treatment for LLCs, a second wave of amendatory LLC legislation swept the country, including New York, which, among other changes, flipped the default rule so that the death of a member does not trigger dissolution unless the survivors vote to dissolve. [read post]
20 Jul 2015, 12:57 pm by Sutherland LNG
  Bear Head LNG’s DOE application to export LNG to non-FTA nations is pending. [read post]
4 May 2007, 3:56 am by Imke Ratschko
  Also, everything the entity does and owns is separate from any other entity. [read post]
1 Feb 2011, 4:36 am by Larry Ribstein
Usha may have a point that the non-profit form does it better by better signaling the firm’s objectives. [read post]
20 Sep 2018, 3:39 am by Cari Rincker
Assuming an LLC does not make an election to be taxed as a corporation, both LLCs and S corps are pass-through tax entities, allowing business profits and losses to flow through and be reported on the owners’ personal tax returns. [read post]
23 Feb 2007, 12:03 am
If you are a member of an LLC, you should consider filing a protective claim for refund with the California FTB if the LLC does business outside of California and has paid the annual fee based on gross income earned both inside and outside California. [read post]
26 Aug 2020, 5:57 am by Brenda Fulmer
  The post MasterPharm, LLC — Problems With More Recalled Compounded Drugs appeared first on Searcy Law. [read post]