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 ...

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 ...

In addition to researching the steps and state requirements for starting an LLC in Delaware, preparing and filing the appropriate formation documents can take significant time and effort. Instead, you ...

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 ...

As you know from our prior alerts, creditors of borrowers formed as Delaware LLCs (as opposed to corporations) lack standing under Delaware law to sue directors for breaching fiduciary duties even ...

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 ...

Substantial commercial real estate loans, especially those destined for securitization, usually require the borrower to form a single purpose Delaware limited liability company to own the property.

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 ...