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JD Supra: Operating Agreement Doesn’t Excuse Breach of Fiduciary Duty
JD Supra· 1 week agoMany posts on The LLC Jungle blog have focused on the fiduciary duties owed by LLC managers to both the LLC’s members and the
Managers May Be Entitled to Advancement of Legal Fees, Even If Accused of Wrongdoing
The National Law Review· 1 week agoWhere 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 ...
LLC Agreements And The Statute Of Frauds
The National Law Review· 2 weeks agoProfessor 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 ...
JD Supra: Choosing the Wrong Business Structure: A Startup’s Death Sentence?
JD Supra· 6 hours 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 ...
How many people can be on a mortgage?
Bankrate via Yahoo Finance· 7 hours ago“This could be an LLC, a corporation, a trust or a partnership. Once you decide what would work best for your particular situation, then the attorney can...
Using an LLC to Protect the Family Vacation Home
The National Law Review· 2 weeks agoLeaving 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 ...
Understanding the ABCs of LLCs
Denton Record-Chronicle· 7 days agoThe new rule requires small businesses and Limited liability companies (LLCs) to report ownership information to the Financial Crimes Enforcement Network...
What Are The Tax Advantages Of An LLC?
Forbes· 7 days agoOne of the most significant considerations when choosing a business structure for your company is: “Will it give me the most favorable tax outcome?” And...
How to start an LLC in Kentucky: A simple guide
CNN.com· 4 days agoStarting a Kentucky business may be exciting, but it’s not as simple as coming up with a great idea and launching a successful enterprise. Along with...
Arizona Fast LLC Registration With Step-by-Step Guidance For Startups Updated
Digital Journal· 1 week agoMore 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 ...