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A limited liability company (LLC) is a popular and flexible business structure with no limit to its number of members. LLCs are pass-through entities, meaning business taxes are paid through the ...
On July 16, 2020, Governor Carney signed into law certain amendments (the Amendments) to the Delaware Limited Liability Company Act (the LLC Act), the Delaware Revised Uniform Limited Partnership Act ...
A recent holding highlights the very significant pitfall of overlooking the "internal affairs doctrine" in forming a Delaware LLC while inserting a New Jersey choice of law provision in the operating ...
Most startup founders form a Delaware C corporation as it is the preferred legal entity of most investors. However, some founders instead form a California LLC when they expect to have losses their ...
This is Adrienne Koch’s third article in her four-part series that examines issues surrounding the use of Delaware Limited Liability Companies for real estate transactions in New York, exploring a key ...
A limited liability company (LLC) is a business that offers management flexibility, pass-through taxation and, in most cases, personal asset protection during bankruptcy or lawsuits. Often, your home ...