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1. • JD Supra: Operating Agreement Doesn’t Excuse Breach of Fiduciary Duty

     JD Supra· 2 days ago

     Many posts on The LLC Jungle blog have focused on the fiduciary duties owed by LLC managers to both the LLC’s members and the

2. • Managers May Be Entitled to Advancement of Legal Fees, Even If Accused of Wrongdoing

     The National Law Review· 3 days ago

     Where the operating agreement provides for indemnification and advancement of fees to a manager who becomes a party to any civil action “by reason of the fact that he was an authorized representative ...

3. • Crossing the Hudson: Recent Business Divorce Decisions from Yonder States | JD Supra

     JD Supra· 2 weeks ago

     In 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 ...

4. • 

     What Are The Tax Advantages Of An LLC?

     Forbes· 1 day ago

     One of the most significant considerations when choosing a business structure for your company is: “Will it give me the most favorable tax outcome?” And...

5. • LLC Agreements And The Statute Of Frauds

     The National Law Review· 5 days ago

     Professor Stephen Bainbridge recently wrote on whether operating agreements of limited liability companies are subject to the Statute of Frauds. Under the statute, a "record" is "information ...

6. • Arizona Fast LLC Registration With Step-by-Step Guidance For Startups Updated

     Digital Journal· 1 day ago

     More details can be found at https://www.businessrocket.com/start/register-an-LLC/Arizona/ The BusinessRocket philosophy of START, GET, GROW, and MANAGE is implemented by ...

7. • 

     Understanding the ABCs of LLCs

     Denton Record-Chronicle· 1 day ago

     The new rule requires small businesses and Limited liability companies (LLCs) to report ownership information to the Financial Crimes Enforcement Network...

8. • Using an LLC to Protect the Family Vacation Home

     The National Law Review· 1 week ago

     Leaving a vacation home outright to children or other family members may be the easiest option, but the potential for discord over the control and usage of the property only increases as ownership ...

9. • 

     Broward Judge Finds Ex-Bang Energy CEO’s Actions ‘Illegal or Fraudulent’ | Daily Business Review

     Law.com· 13 hours ago

     Jordan Shaw, a partner and chief operating officer at Zebersky Payne Shaw Lewenz in Fort Lauderdale,...

10. • North Carolina’s Business Court Rulings: A Year In Review

      The National Law Review· 1 week ago

      As we raise a glass to say goodbye to 2019 and welcome 2020, we take a look back at some of the more significant opinions the Business Court published over the last twelve months (or so). These cases would be helpful for any company which does