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8 Dec 2016, 9:00 am
8932-VCMR (December 9, 2016) The Delaware LLC Act provides for personal jurisdiction in Delaware over those who manage a Delaware LLC—i.e., those who are named as managers in the LLC agreement, and those who participate materially in the LLC’s management. [read post]
17 Jun 2013, 2:07 am
Because the people drafting the act decided that the Series LLC is just too complicated for small business. [read post]
7 Feb 2018, 6:00 am
Briefly, when the LLC agreement permits the governing body of an LLC to act in its “sole” discretion and otherwise has an effective limit on the exercise of that discretion [such as permitting deals only with outsiders] then there is no reason to limit the discretion by imposing a duty to act in good faith. [read post]
29 Mar 2024, 11:31 am
Registered Agent services act as your company’s agent, helping to manage important documents and maintain your business. [read post]
22 Mar 2018, 9:32 am
Pass-Through Entities and LLCs One significant change that the Tax Cuts and Jobs Act made was in how pass-through entities are treated. [read post]
2 May 2016, 12:48 pm
” As a U.S. business that imports foreign manufactured goods, Z Gallerie LLC’s failure to correctly declare to U.S. [read post]
2 May 2016, 3:09 am
According to the defendants, the sole reason plaintiff was to be a member of the new LLC was to act as a surety for pre-construction agreements. [read post]
24 Apr 2024, 12:26 pm
LLC Managers have the authority to act on behalf of an LLC, however, they do not necessarily need to be owners of the business. [read post]
18 Apr 2024, 1:45 pm
Apr. 10, 2024), that business entities are not covered by the Federal Arbitration Act’s (“FAA”) transportation worker exemption. [read post]
8 Apr 2024, 12:56 pm
Many, if not most, legal claims of an LLC must be filed directly by the LLC itself and cannot be filed by someone acting on its behalf. [read post]
15 Apr 2021, 3:39 pm
Corporations and LLCs formed after this date that are subject to this act are required to comply with it on formation. [read post]
22 Mar 2010, 6:44 am
Jonathan Hayes of BankruptcyProf Blog wrote this post about a 9th Circuit Court of Appeals case where a majority owner and manager of an LLC had taken much of the LLC's business assets for his personal use. [read post]
12 Jul 2008, 3:02 pm
The Business Court uses specialized judges, with extensive knowledge of business law, like the Uniform Commercial Code, the LLC Act, and the North Carolina Business Corporations Act. [read post]
12 Dec 2016, 5:39 am
Section 18-109 of the Delaware LLC Act allows Delaware courts to exercise personal jurisdiction over parties who manage Delaware limited liability companies in actions “involving or relating to the business” of the company. [read post]
10 Jul 2012, 8:09 am
In 539 Absecon Boulevard, LLC., v. [read post]
10 Jul 2012, 8:13 am
In 539 Absecon Boulevard, LLC., v. [read post]
4 Jun 2020, 7:14 am
”New to the 7th edition is coverage of recent revisions to uniform acts in the areas of partnerships, business trusts, and limited liability companies. [read post]
28 Dec 2016, 8:39 am
The LLC Act provides for jurisdiction over LLC managers. [read post]
28 Oct 2022, 10:00 pm
THE FLORIDA UNIFORM TRADE SECRET ACT appeared first on Florida Business Litigation Lawyer Blog. [read post]
25 Jan 2010, 10:45 am
Steele of the Delaware Supreme Court is of the view that the Delaware LLC Act abolishes common-law fiduciary duties. [read post]
