Recognition of LLC Members that were never part of original LLC formation.
My colleagues comments are on point. I would ask for a proof/evidence as to the ownership of the 49% member. Clearly there should be an Operating...
White Plains, NY
Business Lawyer at White Plains, NY
Practice Areas: Business, Estate Planning ... +2 more
My colleagues comments are on point. I would ask for a proof/evidence as to the ownership of the 49% member. Clearly there should be an Operating...
I concur as to reason to qualify with one added point. If you have "other" assets already held by the NY LLC that you would like to shield from...
Form a single member LLC and since it is treated as a disregarded entity for tax purposes the income and expenses of the single trade will all end...
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If the inactive company is the GP then under the terms of the LP Agreement the GP should be in charge of most matters unless certain items are...
Attorney Camm is correct. Please see enclosed article (somewhat dated but still excellent) which explains the "Successor Liability" theory in...
You can convert a c-corp to s-corp and avoid the double tax on appreciated property (built-in gains) PROVIDED you wait 5 years thereafter before...
Unless a shareholder co-signs for a debt or personally guarantees the corporation's debt then the creditor cannot "make" you personally liable...
You can convert a c-corp to s-corp and avoid the double tax on appreciated property (built-in gains) PROVIDED you wait 5 years thereafter before...
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See for yourself-- is a catchall for an attorney seeking to no longer represent someone. Rule 1.16 Declining Or Terminating Representation (a)...
With periods (L.L.C.) or without (LLC) is irrelevant -- still "Company." A "Corporation" is a different entity formed under a different state...
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