Most practitioners have now heard of “series” limited liability companies. Series companies (and series partnerships) have been around for quite some time now in Delaware and are becoming more ...
Series trusts, limited partnerships and limited liability companies have been a feature of certain business sectors for years. The series concept originated in the mutual fund and captive insurance ...
Businesses and corporations must determine the type of incorporation and tax vesting, and each structure has distinct advantages and disadvantages for the firm. Businesses must carefully evaluate how ...
Many new businesses chose to establish limited liability companies (LLC) because of the protection from individual liability, the benefit of pass-through taxation, and the form’s inherent flexibility.