In In re 301 W North Avenue, LLC, 2025 WL 37897 (Bankr. N.D. Ill. 2025), a bankruptcy court recently addressed provisions in a loan agreement ...

Every loan application requires borrowers to provide a substantial amount of information about the business and its owners.

The station sued in March 2024. A Knox County chancellor heard arguments in May. The case has now been resolved.

Complete an operating agreement. File an annual report every year. The first LLC was created in 1977. It was named the Wyoming Limited Liability Company (LLC). In 1988, the Internal Revenue ...

Starting a California LLC can feel like a big task, but it’s totally doable if you break it down into steps. From picking the ...

Complete an operating agreement. File an annual report every year. The first LLC was created in 1977. It was named the Wyoming Limited Liability Company (LLC). In 1988, the Internal Revenue ...

An LLC’s operating agreement should specify who ... The author and editors take ultimate responsibility for the content. A limited liability company (LLC) is a popular type of business structure ...

The CTA requires all US entities—corporations, limited liability companies ... One exemption would be if a startup is a “large operating company,” requiring a US-based office, more than 20 full time ...

New York's top court was sharply divided, with the majority ruling that said an LLC agreement governed by Delaware law superseded, by operation of its merger clause, a prior oral agreement between an ...

QUESTION: What is an LLC operating agreement, and what provisions does it typically include? Know the Law is a biweekly column sponsored by McLane Middleton. Questions and ideas for future columns ...