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.

Does an LLC Have Stock or Shareholders? By Justin Damiani Tuesday, October 24, 2023 Does an LLC Have Stock or ShareholdersCan LLCs have shareholders or issue stocks? Learn more about the simple LLC ownership structure, ownership changes & how they differ from corporations... Read More
What Is an LLC Operating Agreement? By Brett Melson Monday, October 23, 2023 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
The Perils of LLC Flexibility – How are Operating Agreements Interpreted By Jarrod Melson, Esq. Tuesday, October 17, 2023 Read about the importance of a well-drafted LLC operating agreement. Without clarity and context, Delaware courts will need to interpret the agreement... Read More
Pros and Cons to Running an LLC from Home By HBS Tuesday, May 16, 2023 Most people love the idea of working from home - but is it a good choice to run your LLC from home? Here are the pros and cons to running an LLC from home... Read More
What to Know about California’s LLC Forms By Andrew Millman Monday, May 8, 2023 californias llc formsStates require different forms when you register a foreign company for Foreign Qualification. California has three different forms for LLCs... Read More
Converting an LLC to a Series LLC By Brett Melson Monday, April 3, 2023 Series LLCIt's possible to convert an LLC to a series LLC. Here's how the process works & when/why you should consider this change. | File a Delaware LLC today... Read More
LLC Transfer of Interests By Brett Melson Monday, March 27, 2023 transfer interests in an llcIn Delaware, the LLC Operating Agreement spells out all conditions of future sales or transfers. Traditionally, the LLC Operating agreement is amended internally within the LLC only... Read More
Change of Ownership For an LLC Is Easy in Delaware By Brett Melson Monday, February 27, 2023 change of ownership for an llcChange of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. However, not in the state of Delaware. Unlike other states, Delaware requires very little information to be made public in order to form an LLC... Read More
Business License or LLC? Which Comes First? By HBS Sunday, January 29, 2023 Obtaining a business license is not the same as forming an LLC or other legal entity for your business. Whereas the license approves your specific business in a certain jurisdiction, an LLC provides an official, legally-recognized business structure... Read More
Who Can Be a Member of an LLC? By Andrew Millman Monday, January 2, 2023 who can be a member of an llcAnyone in the world can be a member of a Delaware LLC. Generally, the members of an LLC are individuals, but it doesn’t stop there. Many people opt to set up the Delaware LLC with another company as the member. This can be a corporation, Limited Partnership or even another Delaware LLC... Read More