Sentences with phrase «of limited liability companies»

Our attorneys have successfully represented members of limited liability companies in legal actions against other members of the company who have used their position to the financial detriment of the company.

He advises clients on business matters including the formation of limited liability companies, corporations, and partnerships and the sale of business interests.

In addition, it will provide that the Trustee will become the manager of the limited liability company.

No other entity gives you the ownership and management flexibility of a limited liability company.

The proposed solution to these issues is the utilization of limited liability companies as a holding vehicles.

Even though you are the only member of your Limited Liability Company, there are still three good reasons for making Operating Agreements.

Capital New York reports that a «network of limited liability companies tied to a Kiryas Joel developer» donated $ 250,000 to the Democratic governor in 2015.

A letter to Gov. Andrew Cuomo this signed by the women of color in the state Assembly urged him to push for the adoption of early voting and the closure of the loophole in election law that allows for unlimited donations through a web of limited liability companies.

This consistent increase over the past 10 years in LLC giving, with a concomitant diminution in direct giving, clearly illustrates how the real estate industry continues to consolidate power and wield outsize influence over our elected leaders through its prolific use of limited liability companies.

Other representative matters he has handled include representation of an independent physicians association in a lawsuit brought by a laboratory over billing charges, a health care clinic in an action for interference with contract, a member of a limited liability company in an action alleging breach of fiduciary duty, and several clients in commercial, breach of contract actions.

Pursuant to the Offering, we are offering on a continuous basis up to $ 1.5 billion in units of our limited liability company interest, consisting of up to $ 1.25 billion of units in the primary Offering consisting of Class A units at an initial offering price of $ 10.00 per unit, Class C units at $ 9.576 per unit and Class I units at $ 9.186 per unit, and up to $ 250 million of units pursuant to the Distribution Reinvestment Plan.

There's no denying that the Senate has repeatedly blocked votes to change the loophole, which allows owners of limited liability companies to effectively ignore contribution limits.

Saylor noted that the Long Island luxury developer Glenwood Management — which has given millions in campaign donations through a slew of limited liability companies — was a player in corruption plots described at the recent trials of ex-Assembly Speaker Sheldon Silver and ex-Senate Majority Leader Dean Skelos, who were both convicted.

During his State of the State presentation, he advanced a slew of items including a 15 percent cap on outside pay for state legislators, public financing of elections and restricting the giving power of limited liability companies by closing a «loophole» that treats LLCs like individuals.

Eighty - four percent would back term limits for lawmakers and 79 percent back term limits for state elected officials; 77 percent support ending the practice of limited liability companies giving unlimited funds to campaigns; 74 percent back allowing initiative and referendum on the ballot; 65 percent support banning full - time employment for the Legislature.

ALBANY — A network of limited liability companies tied to a Kiryas Joel developer has given Governor Andrew Cuomo $ 250,000 in 2015, more than any other source.

In multiple plans, he has used the structure of a limited liability company or a limited partnership to gift significant portions of the parents» estates to their children at substantially discounted values and without giving up control of the assets.

«Generally, the advantages of [setting up as] an LLC is that it makes you part of an organization,» Bayard said of limited liability companies.

The Brennan Center, alongside a coalition of law firms, state lawmakers and others on Tuesday announced they had filed a suit against the Board of Elections to end the practice of a network of limited liability companies contributing endless cash to political candidates.

Jacobs, much of his extended family, and a number of Limited Liability Companies or LLC's have given Cuomo nearly $ 125,000 in campaign contributions since he first ran for Governor in 2010.

A state judge has dismissed a challenge to the Board of Elections» treatment of limited liability companies.

Relying on the secrecy of limited liability companies, white - collar thieves are targeting pockets of New York City for fraudulent deed transfers, leaving the victims groping for redress.

Squadron has been one of the leading proponents for closing New York's infamous «LLC loophole,» which ostensibly allows wealthy individuals and corporations to give unlimited funds to political candidate campaigns through a variety of limited liability companies.

Aaron has been a generous donor to Gov. Andrew Cuomo's campaign, though his giving tends to flow through a complex set of limited liability companies controlled by him or his family members.

A network of limited liability companies connected to this Kiryas Joel developer gave Cuomo $ 250,000 days after Cuomo vetoed a bill that would have restricted development in Kiryas Joel.

Like other wealthy campaign donors, Mr. Litwin circumvented contribution limits by funneling many smaller gifts through dozens of limited liability companies he controlled.

The China PropCo usually has the legal form of a limited liability company under Chinese laws and is structured either as a Wholly Foreign - owned Enterprise («WFOE») or a Joint Venture Company («JV»).

The primary benefit of a Limited Liability Company (LLC) business structure is that the owner (s) enjoy the same personal protection from responsibility for business debts as owners of incorporated businesses.

Copies of the limited liability company's federal, state and local income tax returns and financial statements, if any, for the three most recent years or, if such returns and statements were not prepared for any reason, copies of the information and statements provided to, or which should have been provided to, the members to enable them to prepare their federal state and local tax returns for such period

My estate planning practice includes drafting documents including wills, revocable trusts, powers of attorney, health care directives, pre - and post-marital agreements, irrevocable life insurance trusts (ILITs), intentional defective grantor trusts (IDGTs), grantor retained annuity trusts (GRATs), all types of partnership agreements and documents related to the formation and operation of limited liability companies (LLCs).

Ms. Luther represented a commercial lender in an action brought by a managing member of a limited liability company who alleged that the lender violated the Unruh Civil Rights Act by declining to make a loan to managing member's limited liability company based on managing member's prior felony convictions.

Successfully obtained a plaintiff's jury verdict for a minority shareholder of a limited liability company providing care to developmentally - disabled adults in a case involving breach of fiduciary duty, fraud, and trade secret allegations

We foster the formation and growth of limited liability companies, partnerships, corporations and other entities, and facilitate real estate transactions.

On behalf of a limited liability company engaged in the business of buying, restoring, and reselling turbine generators, Mr. McNabney prepared an operating agreement, purchase agreements, distribution agreements, and employment agreements.

Represented a state - court appointed receiver in judicial dissolution of a limited liability company

The UAE Federal Law No. 2 of 2015 concerning commercial companies provides that a minimum of 51 % of the share capital of a limited liability company («LLC») incorporated «onshore» in the UAE (i.e. not in a free zone), must be owned by UAE nationals or by a corporate entity which is wholly owned by UAE nationals («UAE Ownership Requirements»).

• More detailed regulations for the right of shareholders to information with respect to the activity carried out by the directors of a limited liability company;

The SMARTRealty project is proprietary rights of the Limited Liability Company — SmartR Solutions based in Seattle, Washington.

Experienced investors may also wish to consider the option of a Limited Liability Company Structured IRA (sometimes called a «checkbook control» IRA) for maximum control over their IRA purchase options.

Limited Liability Company (LLC): Members of Limited Liability companies enjoy the limited liability offered by corporations and the minimum requirements of an S corporation.

Exeter Exchange Management Corporation will arrange for the formation of this separate special purpose limited liability company, take care of the payment of related filing fees, costs, first year's state taxes or franchise fees, serve as the registered agent for service of process, and complete the dissolution or transfer of the limited liability company at the close of your Reverse Exchange.

Back in Albany, Senate Democrats today made a renewed push for the closure of a loophole that allows single donors to give unlimited funds through a web of limited liability companies.

Cor made the donations by taking advantage of state campaign finance laws that permit what critics say are end - runs around corporate donation limits through the use of limited liability companies.

Former Chair, Corporate Tax Committee, Tax Section, American Bar Association Former Member, Editorial Board, Georgia State Bar Journal Former Member, State Bar Task Force that drafted legislation authorizing the formation of limited liability companies in Georgia Member, American Law Institute Member, American College of Tax Counsel Trustee, Southern Federal Tax Institute Trustee, Georgia Federal Tax Conference

Both Cuomo's executive budget proposal and the Assembly's one - house resolution recommend that LLCs be subject to the same campaign contribution limitations as other corporations and require that the owners of each limited liability company be disclosed, but the Senate GOP's resolution makes no mention of the legislation.

Glenwood has long been Cuomo's biggest donor, but no donations from its slew of limited liability companies are listed in the governor's most recent campaign filings.

It's the second time in as many days that Cuomo, a Democrat in his second term, has said that he's not letting his proposals to limit outside income for legislators, reduce the political giving power of limited liability companies and increase transparency of lobbying groups fall by the wayside.