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.
General Partnership vs Limited Partnership
By
Devin Scott
Monday, December 4, 2023
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
LLC Charging Orders – An LLC’s Limited Liability from Its Members
By
Jarrod Melson, Esq.
Tuesday, November 14, 2023
While LLC members are protected from personal liability, creditors can still get a charging order for compensation. Learn more about LLC charging orders today... Read More
While LLC members are protected from personal liability, creditors can still get a charging order for compensation. Learn more about LLC charging orders today... Read More
Does an LLC Have Stock or Shareholders?
By
Justin Damiani
Tuesday, October 24, 2023
Can LLCs have shareholders or issue stocks? Learn more about the simple LLC ownership structure, ownership changes & how they differ from corporations... Read More
Can LLCs have shareholders or issue stocks? Learn more about the simple LLC ownership structure, ownership changes & how they differ from corporations... 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
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
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
Anyone 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
Anyone 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
Creating a Delaware LLC as a Holding Company
By
Andrew Millman
Monday, August 22, 2022
Delaware LLCs can conduct any lawful business activity anywhere in the world. Some people explore the low-cost series LLC when they want to operate several different businesses, which is very enticing since there is only one annual Franchise Tax payment to the state of Delaware and one annual Registered Agent Fee... Read More
Delaware LLCs can conduct any lawful business activity anywhere in the world. Some people explore the low-cost series LLC when they want to operate several different businesses, which is very enticing since there is only one annual Franchise Tax payment to the state of Delaware and one annual Registered Agent Fee... Read More
Ensuring an LLC Will Have Perpetual Existence
By
Brett Melson
Monday, February 14, 2022
The LLC agreement has been a popular topic in many other blog postings. This post focuses on the LLC’s potential for perpetual existence, highlighting just how flexible the Delaware LLC can be and why over 70% of our new formations are the Delaware LLC!.. Read More
Benefits of a Delaware LLC
By
Andrew Millman
Monday, January 17, 2022
There 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
There 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
Withdrawing your Delaware LLC from the State of California
By
Andrew Millman
Monday, May 10, 2021
If you’ve registered your Delaware LLC as a foreign LLC with the California Secretary of State, and you have decided that you will no longer do business operations in California, we can help you file the California Certificate of Cancellation (Form LLC-4/7) with the California Secretary of State... Read More
If you’ve registered your Delaware LLC as a foreign LLC with the California Secretary of State, and you have decided that you will no longer do business operations in California, we can help you file the California Certificate of Cancellation (Form LLC-4/7) with the California Secretary of State... Read More