Series LLC Choices
Series LLC Oh, the Choices The advent of the limited liability company was a welcome option for the business owner who wanted reduced liability without the statutory requirements of a corporation. The flexibility allowed by LLC laws gives members the ability to decide how to manage their companies as set forth in the company’s operating […]
Delaware LLC Filing News 2021
IT’S OFFICIAL, WE’RE NOW IN THE FINAL STRETCH OF 2021! Thank goodness! As corporate legal professionals know quite well, every year-end can be stressful. It is imperative to allow for sufficient time to process your filings, when holidays, weather and the end of the calendar year create roadblocks. Timing is key when it comes to […]
2020 Amendments to Delaware Entity Laws
We’ve recapped the recent amendments to Delaware’s Entity Laws On July 16, 2020, amendments to the Delaware General Corporation Laws (DGCL)
Delaware Protected vs. Registered Series LLC
Delaware is one of seventeen states[1], along with the District of Columbia and Puerto Rico, that allow limited liability companies (LLCs) to create different series (or cells). Sec. 18-215 of the Delaware LLC Act (the “Act”) established the right of each series to have its own purpose, members, managers, assets, rights, powers and duties. It […]