About LLCs

The LLC is the most popular type of Delaware business formation. In these blogs, we examine all aspects of LLCs, including LLC Operating Agreements.

What Is an LLC Operating Agreement? By Brett Melson Monday, August 10, 2020 what is an llc operating agreementThe Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More
What to Know about California’s LLC Forms By Andrew Millman Tuesday, March 3, 2020 californias llc formsStates require different forms when you register a foreign company for Foreign Qualification. California has three different forms for LLCs... Read More
Mistakes to Avoid When Adding a Registered Series By Brett Melson Monday, February 10, 2020 Clients attempting to file on their own have been met with confusion and frustration as their filings are rejected. Here are two of the reasons why they’ve been having trouble... Read More
What is a Delaware LLC Certificate of Formation? By Devin Scott Tuesday, February 4, 2020 If you are preparing your own Delaware LLC Certificate of Formation, your name will be listed on the Certificate as the Delaware LLC's authorized person; this is is why many people opt to have us act as their Delaware Registered Agent... Read More
How a Family Business Can Set Up Its LLC Operating Agreement By Brett Melson Tuesday, January 28, 2020 llc operating agreement for a family businessA Delaware LLC can be very flexible when it comes to preserving ownership in the family business you've worked so hard to create. In fact, an LLC has the potential to preserve ownership for future decades... Read More
Benefits of a Delaware LLC By Andrew Millman Tuesday, December 3, 2019 benefits of a delaware llcThere are a number of reasons a Delaware LLC is uncomplicated to form and maintain. The Delaware LLC is well-known for its unmatched flexibility and low maintenance requirements... Read More
An LLC Could Help With Your FFL Application By Devin Scott Tuesday, October 29, 2019 Federal Firearms LicenseWe are noticing that many clients are forming an LLC first, and then applying for their FFL. The ATF is typically more inclined to approve an application for a business entity... Read More
Registered Series LLC Vs. Protected Series LLC By Brett Melson Monday, October 21, 2019 Effective August 1, 2019, the Delaware Legislature amended the statute’s series LLC provisions. The amendments create a new type of “Registered Series,” but also allow series LLCs to continue as before, now called the Protected Series... Read More
Creating an Operating Agreement for Your Band By HBS Monday, May 20, 2019 One of the most common and straightforward ways to define the structure is to form an LLC for the band. Forming the company means creating an LLC Operating Agreement, which allows the band to formalize roles and responsibilities of its members... Read More
LLC Change of Ownership Checklist By Brett Melson Monday, April 29, 2019 Members of an LLC may change the LLC’s ownership and the terms governing its management and operation by amending its operating agreement. Here are five parties you’ll want to inform when you do so to avoid putting your company at any undue risk... Read More