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Practice areas & skills: Lawsuits & Disputes, Business, Contracts & Agreements, Personal Injury, Real Estate
Review: “I was hit by a car in 2012 as a pedestrian who suffered a great deal of pain due to sever injuries. As my lawyer Michael Epstein did an outstanding job representing my case in this matter. He took time out of his daily a...
Practice areas & skills: Lawsuits & Disputes, Employment & Labor, Medical Malpractice, Business, Personal Injury
Paul I. Perkins is now the General Counsel of Spirit Delivery and Distribution, Inc. Prior to coming to Spirit, Paul was the managing partner of Perkins & Associates, P.C. A substantial part of Mr. Perkins’ practice centers around partnership, co...
Practice areas & skills: Litigation, Business, Class Action
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Creating a limited liability company, or LLC, is one of several ways to structure a business. The other choices are general, limited, or limited liability partnerships. A shareholder in an LLC is not personally liable for any of the debts of the company, other than for the money they invested in that company. In a general partnership, all partners manage the business and are personally liable for its debts. In limited partnerships, partners' liability is limited and they have no voice in the decision-making. And in a limited liability partnership (LLP), all partners have some degree of limited liability. A lawyer with LLC experience can help you determine if forming an LLC is advantageous and appropriate for your business. If you decide to form an LLC, the attorney can draft the paperwork you need to formalize your choice, including provisions for management, ownership transfers, and profit and loss distributions.