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A limited liability company (LLC) is a popular and flexible business structure with no limit to its number of members. LLCs are pass-through entities, meaning business taxes are paid through the ...
Many California-based LLC managers and members are lured by the potential benefits of forming the LLC under the laws of a jurisdiction outside of California. Delaware can be an enticing option.
Substantial commercial real estate loans, especially those destined for securitization, usually require the borrower to form a single purpose Delaware limited liability company to own the property.
A recent holding highlights the very significant pitfall of overlooking the "internal affairs doctrine" in forming a Delaware LLC while inserting a New Jersey choice of law provision in the operating ...
Many real estate investment vehicles take the form of Delaware limited liability companies, with two types of members. First, there is the sponsor of the deal – whoever found the property, negotiated ...
A limited liability company (LLC) is a business that offers management flexibility, pass-through taxation and, in most cases, personal asset protection during bankruptcy or lawsuits. Often, your home ...