Parties to LLC agreements often provide for buyout provisions upon specified events, such as when a member ceases to be an employee. The provisions set forth a process by which the parties agree up ...

Should you need to shutter your business, dissolving your LLC is a major part of closing down your operations. Going through the proper dissolution steps can protect you from potential liabilities. In ...

A limited liability company is a business form that attracts individuals looking for a corporation's protection from liability and a partnership's pass-through taxation. Generally, forming an LLC ...

Commentary Serving Process on a Dissolved LLC In a recent letter opinion, Tratado de Libre Commercio v. Splitcast Technology, C.A. No. 2019-0014-JRS (Del. Ch. March 6), Vice Chancellor Joseph Slights ...

The decision on which type of ownership structure a business should use can be an intimidating experience for small business owners. When a company starts its life as an S corporation, the ...