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30 Sep 2020, 6:10 am
Experienced Georgia business litigation counsel can help you determine what your options are when it comes to an LLC dispute. [read post]
2 Dec 2019, 1:11 am
This is the act that creates the LLC in most states. [read post]
20 Mar 2019, 8:43 am
The main way that this happens is if a member or members were not acting in according to the formalities talked about above.Another way would be if a member (a person) acted adversely to a legal interest of the LLC (a person) and could be liable for damages in such a case. [read post]
10 Apr 2024, 12:15 pm
It acts as a contract among the members regarding the business structure and operational guidelines. [read post]
22 Feb 2016, 8:25 pm
The Business Flexibility Act treats those two categories of rights very differently.[1] It is indisputably clear that economic rights in an Indiana LLC are property rights because the Indiana statute expressly says so: IC 23-18-6-2 Interest of member; natureSec. 2. [read post]
15 Jan 2021, 2:29 pm
When signing on behalf of the LLC, it is important LLC member-managers list their title as manager, President, or whatever official title they hold to show that they are acting in that capacity and not personally. [read post]
12 Dec 2008, 5:00 am
Now, that may seem simple enough to start but there are a number of issues with the new Iowa LLC law that could trap unsuspecting business owners. [read post]
16 Feb 2022, 8:29 am
However, closely-held businesses and family businesses often utilize the LLC structure. [read post]
3 Mar 2020, 8:41 am
The Delaware LLC Act has no such exception. [read post]
15 Jul 2016, 10:00 am
The managers or managing members who have been charged with the responsibility of running the LLC are obliged to act in the best interest of the LLC. [read post]
26 Apr 2022, 8:50 am
To form a Delaware LLC, the Members engage a service company to act as the authorized person to sign the Certificate of Formation for filing with the Delaware Secretary of State. [read post]
10 Nov 2014, 6:43 am
The Business Court rejected the Plaintiff's argument that he, as a 50% owner of the LLCs, had the authority under the new LLC Act to hire counsel without the consent of his adversarial member. [read post]
7 Nov 2010, 2:29 pm
Nov. 3, 2010) which holds a creditor lacks standing under the Delaware LLC act to sue an insolvent LLC derivatively. [read post]
30 Mar 2022, 6:00 am
§ 18-109(a), serving as the manager of a Delaware LLC constitutes consent to be served through the company’s registered agent for all Delaware proceedings “involving or relating to the [company’s] business ... or a violation by the manager ... of a duty” to the company or its members. [read post]
8 Apr 2010, 12:50 pm
If you are considering forming a business in Texas, contact Peterson Law Group. [read post]
7 Apr 2008, 4:07 pm
posted by Gary Rosin In his upcoming Article on LLC Acts and unsophisticated owners (noted earlier), John Cunningham suggests that such Acts include "comprehensive fiduciary duties". [read post]
13 Nov 2023, 4:07 am
For more on the history of the LLC movement and New York’s early experience with the LLC Law in business divorce cases, see P. [read post]
3 Jun 2019, 3:27 am
In opposing Tony’s appeal, Todd and Josh relied on In re Mid-South Business Associates, LLC, 555 B.R. 565 [Bankr. [read post]
17 Apr 2020, 10:28 pm
Background The business owner, acting on behalf of his LLC, hired a general contractor to renovate an empty building, owned by his LLC, to include apartments as well as a brewery and restaurant. [read post]
16 Jun 2015, 9:00 am
<> Aera Energy LLC v. [read post]
