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9 Jul 2015, 6:08 am
Delaware has recently adopted legislation amending the Delaware Limited Liability Company Act (LLC Act), the Delaware Revised Uniform Limited Partnership Act (LP Act) and the Delaware Revised Uniform Partnership Act (GP Act) (collectively, the LLC and Partnership Acts). [read post]
3 Jun 2019, 5:48 am
Legislation proposing to amend the Delaware Limited Liability Company Act (LLC Act), the Delaware Revised Uniform Limited Partnership Act (LP Act) and the Delaware Revised Uniform Partnership Act (GP Act) (collectively, the LLC and Partnership Acts) has been introduced to the Delaware General Assembly. [read post]
17 Jul 2011, 1:58 pm
With the passage of Florida’s new LLC law in 2011, Florida law provides asset protection benefits to partnerships and multi-member LLCs which is as good as any other state. [read post]
23 Sep 2020, 1:24 pm
Baltimore City Council President Brandon Scott, staff and board from Waterfront Partnership and partners from Blue Water Baltimore, Baltimore City Department of Public Works and Clearwater Mills, LLC celebrated significant water quality ... [read post]
8 Feb 2018, 12:14 pm
This applies to LLCs taxed (as most are) as partnerships. [read post]
22 Mar 2013, 7:02 am
This is because an LLC, upon formation, has a legal obligation to publish a statement of its formation in a publication ordered by the New York Department of State. [read post]
30 Jun 2014, 10:07 am
Flying Cat, LLC. [read post]
11 Jan 2019, 2:30 pm
(ENB) has consolidated its acquisition of master limited partnership (MLP) operations in Texas by approving the acquisition of all outstanding Enbridge Energy Partners LP (EEP) public Class A common units, as well as all outstanding Enbridge Energy Management LLC (EEQ) public listed shares. [read post]
3 Nov 2021, 1:21 pm
While there are some drawbacks (such as the number and type of investors permitted, and limitations with going public), the LLC combines the tax advantages of a partnership (no corporate level tax) with the limited liability of a corporation (limited liability for the individual shareholders or, in the context of an LLC, “members”). [read post]
27 May 2018, 6:41 am
The following is a brief summary of some of the more significant proposed amendments that affect Delaware limited liability companies (Delaware LLCs) and Delaware limited partnerships (Delaware LPs), including amendments (i) enabling a Delaware LLC to divide into two or more Delaware LLCs as a new permitted form of Delaware LLC reorganization, (ii) providing for the formation of statutory public benefit Delaware LLCs (Statutory… [read post]
25 Jan 2010, 10:45 am
These forms include six for single-member LLCs owned by individuals; three for single-member LLCs owned by entities; 19 for multi-member LLCs, including LLCs with general partnership, limited partnership and corporate management structures; and a special form for Delaware series LLCs. [read post]
20 Mar 2019, 8:43 am
If the LLC has two or more members, then it is taxed as a partnership by default. [read post]
25 Jun 2015, 7:49 pm
New York's LLC act differs from California's, but the key takeaways may be the same for Californians considering entering into a partnership based on an online, cookie-cutter document:[When] the members’ relationship turned bitter .... [read post]
25 Oct 2023, 10:04 pm
Companies that want to eventually sell their shares to the public through an initial public offering (IPO) and are seeking investors may be better served by forming a C corporation. [read post]
14 Aug 2010, 7:23 pm
Business entities can take many different forms - sole proprietorships, partnerships, limited liability companies (LLC), and corporations are the most common ones. [read post]
26 Mar 2020, 5:56 pm
LLC, et al., No. 256-2019, certified questions answered (Del. [read post]
31 Mar 2017, 9:17 am
Unincorporated entities include partnerships, limited partnerships, limited liability companies (LLCs) and now limited liability limited partnerships. [read post]
17 Jul 2021, 2:17 pm
17 Seconds is a publication for clients and other VIPs. [read post]
12 Apr 2013, 10:40 am
Read about Guaranteed Payments to a partner (it’s the partnership version of a “salary”) in IRS Publication 541. [read post]
31 Oct 2013, 10:22 am
I think of an LLC as a hybrid between a corporation and a partnership. [read post]
