Search for: "Legal Advantage, LLC"
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12 Oct 2018, 11:20 am
A common stipulation in the case of death is that the living LLC members have either the option to buy your LLC interest or the legal obligation to buy your LLC interest. [read post]
15 Jun 2023, 6:06 am
Jeanne was a dissociated LLC member with no legal right to take part in management decisions. [read post]
16 Mar 2011, 8:43 am
In such instances, unincorporated business entities may offer advantages over incorporated entities. [read post]
14 Oct 2009, 10:13 am
Should they incorporate, form an LLC or partnership? [read post]
8 Aug 2016, 3:25 am
On the other hand, depending how broadly or narrowly the expulsion criteria are drawn, the power to expel can be a tool of oppression and abuse by those wielding it for their self-advantage. [read post]
28 Jun 2021, 3:10 am
Najjar Group, LLC v West 56th Hotel LLC, recently decided by the U.S. [read post]
27 Nov 2009, 6:15 am
The primary advantage of an LLC over a limited partnership is that all members will enjoy limited liability even if they actively participate in the LLC's business. [read post]
26 Apr 2008, 9:36 pm
However, when business owners attempt to use entities primarily as a means to achieve a legal or tax advantage unconnected to their actual business operations -- for example, as an asset-protection device -- they may find that the time, trouble, and expense of defending later lawsuits and IRS audits outweighs or frustrates the legal and tax benefits they had hoped to achieve. [read post]
5 Mar 2012, 6:34 am
However, as publication is a one-time requirement, other factors (such as tax advantages) often mean entrepreneurs still prefer the LLC. [read post]
18 Jan 2023, 6:42 am
The Ohio Supreme Court has noted that good faith “is a compact reference to an implied undertaking not to take opportunistic advantage in a way that could have not been contemplated at the time of drafting, and which therefore was not resolved explicitly by the parties. [read post]
16 Jun 2012, 8:37 am
Even though series LLC’s are a “new” player to the entity selection game, they may be advantageous in certain circumstances. [read post]
22 Dec 2007, 9:30 pm
In GMCG, LLC v Agenix Ltd [2007] QSC 309 the Supreme Court of Queensland refused to order disclosure of documents over which legal professional privilege had been claimed even though the documents had been referred to in the company's annual report lodged with the ASX. [read post]
22 Jul 2019, 2:49 am
The receiver also may need to hire legal counsel and an accountant or other professional. [read post]
1 Jul 2010, 6:15 am
There's no secret that business entities, LLC's and corporations have the ability to provide tax advantages. [read post]
17 Jan 2022, 12:13 pm
Your business also isn’t recognized as a separate legal entity, and for tax purposes, the income from your business is taxed as your own personal income. [read post]
7 Aug 2009, 8:22 pm
This type action can get you in significant legal trouble with dire legal consequences. [read post]
9 Mar 2023, 5:01 am
Anti-SLAPP statutes are bad news for plaintiffs with iffy legal claims. [read post]
2 Jul 2010, 7:00 am
For example, the new LLC registration requirements–while admittedly adding a little hassle–are more in line with good practice in the modern legal environment. [read post]
26 Jun 2012, 3:35 pm
ADVANTAGES OF THE LLC For one, the LLC can consist of as few as one member. [read post]
22 Apr 2019, 3:46 am
Dufficy of the Queens County Supreme Court have tackled a series of thorny legal issues arising out of the brothers’ dysfunctional relationship as co-owners of a corporation (“Corner”) and an LLC (“Mall”) that own adjoining, vacant parcels in downtown Jamaica, Queens, operated together as a single parking lot and for weekend flea markets. [read post]
