Series LLCs are an innovative form of alternative entity in which in which multiple "series" are incorporated into a single limited liability company.
Posts for "Limited Liability Companies" filter
At the New York Business Divorce Blog, Peter Mahler reports on Harker v Guyther, 2014 NY Slip Op 07403 (N.Y.A.D. 3d Dep
In Pasquarella v. 1525 William St., LLC, 120 A.D.3d 982 (N.Y. App. Div. Aug.
Judge James T. Vaughn, Jr.
Amendments to the Delaware Limited Liability Company Act adopted earlier this year by the Delaware General Assembly went into effect August 1, 2014.
The amendments are as follows:
In Ross Holding and Management Co. v. Advance Realty Group LLC,[1] the Delaware Court of Chancery has held again that traditional corporate fiduciary duties of care and loyalty apply to the members and managers of limited liability companies. The Court wrote:
As a follow-up to our September 1 post, we present this link to New Jersey Business's "
At Family BusinessCast, Tibor Dani interviews Dominick Celentano on succession planning for family businesses
Some types of business entities (most famously, corporations) offer limited liability to their managers, owners, and officers. That is, under most circumstances such parties will have no personal liability for debts incurred (through tort or contract) by the business entity.
It's a few months old, but this article from the Florida Bar Journal on Florida’s New Revised LLC Act is worth reading.