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How to Start an LLC: A Step-by-Step Guide
Investopedia· 1 week agoA limited liability company (LLC) is a business structure that helps shield the personal assets of the owner or owners in the event of a lawsuit, legal...
Sole Proprietorship vs. LLC: Which Is Right for You?
Investopedia· 2 weeks agoThe structure they choose can have a variety of important implications, including how they pay their taxes and the extent to which their personal assets...
In Nevada, LLC Membership May Survive The Grave
The National Law Review· 1 week agoThe California Revised Uniform Limited Liability Company Act (RULLCA) provides that when a member who is an individual dies, the member dissociates from...
JD Supra: Crossing the Hudson: Recent Business Divorce Decisions from Yonder States
JD Supra· 18 hours agoIn DiDonato v Campus Eye Management, LLC, decided earlier this year by Vice Chancellor Will, the plaintiff sued under Section 18-110 of the Delaware LLC ...
Nevada Supreme Court Clarifies Alter Ego Liability Of LLC Members | JD Supra
JD Supra· 2 weeks agoLaura Graham was injured when she tripped over a sprinkler box located on property owned by a single member limited liability company. The Supreme Court reversed finding that substantial evidence ...
JD Supra: Choosing the Wrong Business Structure: A Startup’s Death Sentence?
JD Supra· 2 weeks agoThe business structure you choose impacts every aspect of your startup, from how much you pay in taxes to your personal liability, from your ability to raise money to the amount of paperwork ...
Games People Play: Before Hiring the Forensic Accountant | JD Supra
JD Supra· 3 days agoIf you are involved in a case where your spouse owns an interest in a small business, one of the issues you and your lawyer will grapple with is whether the books and records of that business ...
Partnership Transactions Lacking Economic Substance or Business Purpose: Investor Beware | JD Supra
JD Supra· 3 days agoAssume that X and Y agree to the following: X will transfer ownership of Prop to Y, and Y will transfer cash to X. Obviously, X has sold Prop to Y. If the amount of cash that X receives is greater ...