Here are some examples of situations where
the structure of a limited liability corporation may not protect the business owner from legal responsibility:
Not exact matches
Whatever your reasoning, you're likely contemplating a choice that many entrepreneurs face: Should your enterprise be
structured as a
limited liability corporation (LLC) or an S corporation (S corp), which is named after subsection S
of Chapter 1
of the Internal Revenue Code?
Over seventy percent
of U.S. companies are
structured as pass - through entities, such as S - corporations and
limited liability corporations (LLCs).
There are many types
of business
structures, and sole proprietorships don't have the kind
of limited liability that others have (in other words, if your business gets sued, your personal possessions aren't protected).
«The relative size
of the charge vs. expectations and
limited disclosure related to potential off - balance sheet
liabilities once again raise a question about the credibility
of the current guidance and capital
structure framework.»
Known as the
limited -
liability company (LLC), this
structure offers the best
of all corporate worlds for many new businesses: personal - asset protection (normally available only to shareholders
of C corporations), elimination
of corporate - level taxes (a benefit normally reserved for partners or S - corporation owners), and flexible ownership rules (which S corporations in particular lack).
The
Limited Liability Company (LLC) is one
of the most popular business
structures.
Prior to the consummation
of this offering, we will execute several reorganization transactions described under «Organizational
Structure,» as a result
of which the
limited liability company agreement
of Desert Newco will be amended and restated to, among other things, reclassify its outstanding
limited liability company units as non-voting units.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not
limited to, operating in a highly competitive industry; changes in the retail landscape or the loss
of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts
of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution
of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product
liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the Company's ability to protect intellectual property rights; impacts
of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership
structure; the impact
of future sales
of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements
of the Company's consolidated financial statements; and other factors.
Our extensive research about the industry in the United States has shown that venture Capital firms typically assume the
structure of a
limited partnership or a
limited liability firm.
A number
of hybrid
structures have emerged in the U.K. and the U.S.: the «Community Interest Company» («CIC») in the U.K.; and the low - profit,
limited liability corporation («L3C») and the «Benefit Corporation» («B Corporation» or «B Corp») in the U.S., the latter
of which has expanded to Canada.
These legal
structures include the
Limited Liability Company (L3C) and the Benefit Corporation, recognized in a number
of US states, and the Community Interest Company (CIC), recognized in the UK.
As Chief Underwriting Counsel, Gary reviews and evaluates transaction
structure and provides feedback on the insurability and necessary due diligence required to underwrite major - market commercial finance, mezzanine loan transactions and purchases
of equity interests in
limited liability companies and
limited partnerships.
Limited Liability Company (LLC)-- A
structure that designed to protect members
of a business from being liable for company debt.
You have a passion for educating business owners about all
of the aspects
of doing business, from deciding on the best legal business
structure (i.e.
Limited Liability Company (LLC)-RRB- and how to create a brand that speaks for your business to establishing a team to supply the demands
of your customers.
You have a passion for educating business owners about all
of the aspects
of doing business, from deciding on the best legal business
structure (i.e.
Limited Liability Company (LLC)-RRB- and how to create a brand that speaks...
Insurance policies were
structured to include mandatory minimum
liability limits of $ 25,000 per person and $ 50,000 per accident for bodily injury, and $ 25,000 for physical damage.
Not only have the trends
of employer sponsored health insurance been declining over the last decade, but the firms that do still provide a benefit have been changing the
structure of the plans to reduce their
liability / costs, shift premiums and costs to the retirees and spouses, and cap the coverage
limits.
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»).
Through the use
of these entities in a tax deferred exchange, a wide variety
of structuring opportunities become available, some
of which can address an exchange clients other investment goals such as
limited liability and succession planning.
A
Limited Liability Company (LLC) is a hybrid business
structure that combines elements
of a sole proprietorship or partnership with that
of a corporation.
For example, after carefully considering my options and the nature
of my business, I
structured my own business as a
limited liability company because
of the flexibility it offers.
As previously noted, there is nothing illegitimate about using
limited liability business
structures, and imposing a duty that undermines the viability
of that
structure is a legitimate policy concern.
Brach Eichler's tax lawyers are integral members
of the firm's teams involved in corporate,
limited liability company and partnership start - up
structures, including preferred capital and returns, unique capital
structures and profit owners, as well as normal business transactions.
Substantial experience in
structuring, drafting, negotiating and reviewing commercial contracts and agreements, including, but not
limited to: Merger Agreements, Stock Purchase Agreements, Membership Interest Purchase Agreements, Asset Purchase Agreements, Loan Agreements / Credit Facilities, Employment Agreements, Transition Services Agreements, Supply Agreements, Management Agreements, Non-Compete Agreements / Convenants Not to Compete, Non-Disclosure Agreements / Confidentiality Agreements, Buy - Sell Agreements / Shareholder Agreements, Partnership Agreements, Articles / Certificates of Organization, Operating Agreements / Limited Liability Company Agreements, Articles / Certificates of Incorporation, Bylaws, «No - Raid» Agreements, Promissory Notes, Lease Agreements, Letters of Intent, Term Sheets, Warrants, Stock Option Plans and Grant Agreements, Phantom Stock Plans, and similar contracts and agreements for commercial transactions and business arrang
limited to: Merger Agreements, Stock Purchase Agreements, Membership Interest Purchase Agreements, Asset Purchase Agreements, Loan Agreements / Credit Facilities, Employment Agreements, Transition Services Agreements, Supply Agreements, Management Agreements, Non-Compete Agreements / Convenants Not to Compete, Non-Disclosure Agreements / Confidentiality Agreements, Buy - Sell Agreements / Shareholder Agreements, Partnership Agreements, Articles / Certificates
of Organization, Operating Agreements /
Limited Liability Company Agreements, Articles / Certificates of Incorporation, Bylaws, «No - Raid» Agreements, Promissory Notes, Lease Agreements, Letters of Intent, Term Sheets, Warrants, Stock Option Plans and Grant Agreements, Phantom Stock Plans, and similar contracts and agreements for commercial transactions and business arrang
Limited Liability Company Agreements, Articles / Certificates
of Incorporation, Bylaws, «No - Raid» Agreements, Promissory Notes, Lease Agreements, Letters
of Intent, Term Sheets, Warrants, Stock Option Plans and Grant Agreements, Phantom Stock Plans, and similar contracts and agreements for commercial transactions and business arrangements.
We appreciate, especially as we are a
limited liability partnership (LLP) ourselves, that both traditional partnerships and LLPs are attractive
structures for a variety
of business models, in terms
of flexibility and tax planning.
A C - Corp and an S - Corp are the same in terms
of structure, management,
limits on
liability and compliance documents.
Our team
of experienced and specialist lawyers can provide you with legal advice on all aspects
of farming business
structures including partnerships, sole traders, companies and
limited liability partnerships.
Irwin Mitchell LLP paid # 5.8 m
of its profits into Irwin Mitchell Holdings, the company it set up as part
of plans to restructure as an Alternative Business
Structure (ABS), according to
limited liability (LLP) accounts recently filed with Companies House.
Affordable attorney advice and formation
of new business organizations including
limited liability companies and Oregon or Delaware corporations
structured for success.
Correct Company Formation is key in the launch
of any new business venture and depending on the type
of venture and the shareholding
structure, it is possible to register a company
limited by shares, a company
limited by guarantee, a
limited liability partnership or other types
of vehicle.
However, as illustrated above, an investor in a business carried out through a corporate or
limited partnership
structure sacrifices control over the management
of the business, and therefore loses some control over its investment, in exchange for
limited liability protection.
Although the Contract simply has the plaintiff sell interests in the proceeds, if the issuer were a Registered
Limited Liability Partnership (
structured like a General Partnership in which all
of the partners had management rights) or a Member - managed
Limited Liability Company in which the members manage the business, the investment interests would likely not be securities because the venture's profits would not be derived primarily from the «efforts
of others.»
Orion Legal
Limited have the pleasure
of announcing that the Solicitors Regulatory Authority have authorised a change in
structure and entity
of our firm to a
Limited Liability Company.
An umbrella policy is
structured so that in the event
of a claim for which you exceeded the primary
liability limits on your home or auto, boat, etc., it would pick up where you have run beyond your existing policy
limits.
Optional coverage choices include: loss
of rental income,
liability limits, personal injury, other
structures coverage, repair cost, water damage for sewers / drains.
Insurance policies were
structured to include mandatory minimum
liability limits of $ 25,000 per person and $ 50,000 per accident for bodily injury, and $ 25,000 for physical damage.
Limited Liability Partnerships (LLP) and
Limited Liability Company (LLC) are both business
structures that might benefit from this type
of life insurance coverage.
Current laws allow investment partnerships to be
structured in a number
of ways, including tenant in common projects, general partnerships, or
limited liability partnerships (LLP) or
limited liability corporations (LLC).
Individual single member
limited liability companies are not set - up as part
of the Delaware Statutory Trust or DST Investment Property
structure.