Search for: "Owners Advantage LLC"
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13 Aug 2018, 9:09 am
By analyzing the Delaware law advantages of the LLC over the Corporation, you can determine if the LLC is better suited for your purposes. [read post]
5 Oct 2018, 2:03 pm
Critics of the Shotgun clause in LLC Agreements have said that it gives an unfair advantage to cash-rich owners over the cash-strapped or illiquid owners. [read post]
21 Oct 2009, 8:07 pm
The LLC offers limited liability to its owners, known as its “members”. [read post]
29 Jan 2024, 4:00 am
Second, in order to take advantage of one of the 23 exemptions from reporting, the NYLTA requires an LLC to affirmatively assert the exemption by submitting a signed statement by a member or manager of the LLC that specifies the exemption(s) upon which the LLC is relying. [read post]
20 Jan 2023, 10:43 am
This article summarizes the top 10 considerations in preparing LLC Operating Agreements, focusing on LLCs with multiple members. 1. [read post]
10 Oct 2014, 8:54 pm
• What is the advantage to... [read post]
15 Jun 2023, 6:06 am
Lamme and Vacarella had been in litigation after Joseph Lamme’s death in 2013, resulting in a settlement in which Jeanne became a 50 percent owner of the business Client Access, LLC and Joseph, who owned the other half, became the sole managing member. [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]
28 Apr 2009, 2:38 pm
A recent Delaware Court opinion, Bay Center Apartments Owner, LLC v. [read post]
5 Mar 2022, 9:48 am
In some cases, courts will “pierce the corporate veil,” holding owners liable for claims against a corporation or LLC. [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]
4 Apr 2018, 11:45 am
If it doesn’t, is there any advantage in forming the LLC in Delaware rather than in my state of residence? [read post]
17 Nov 2023, 9:54 pm
This can be particularly advantageous to holding companies. [read post]
4 Apr 2018, 11:40 am
One advantage of the partnership tax treatment of an LLC is that distributions can be made disproportionate to ownership. [read post]
7 Dec 2011, 6:54 am
As I said in my previous post on LLCs, the limited liability company (LLC) has become the entity of choice for the majority of new business owners. [read post]
4 Apr 2007, 6:44 pm
The owners are called members and can be virtually any entity including individuals, corporations, other LLCs, trusts, pension plans, etc. [read post]
14 Oct 2009, 10:13 am
Should they incorporate, form an LLC or partnership? [read post]
25 Aug 2017, 10:00 am
And also like a corporation, the LLC, and not the LLC’s owners, will be liable for the LLC’s debts. [read post]
11 May 2010, 7:47 am
Owners can include corporations, partnerships, other LLCs or trusts. [read post]
29 May 2018, 6:48 am
S corporations share the same advantage but are subject to certain restrictions which make them less flexible than LLCs. [read post]
