Articles

What are the benefits and risks associated with incorporating as an LLC, another corporate form, and remaining unincorporated?

Author: LegalEase Solutions QUESTION PRESENTED  What are the benefits and risks associated with incorporating as an LLC, another corporate form, and remaining unincorporated?  SHORT ANSWER  Generally, with regard to a Limited Liability Company, the member or manager, or both, will not become personally liable for the acts, debts, or obligations of the limited liability company. … Continue reading “What are the benefits and risks associated with incorporating as an LLC, another corporate form, and remaining unincorporated?”

LLC Recovery of a Debt

Author: LegalEase Solutions Provide an analysis of potential claims and principal liability based on the facts of the case. SUMMARY Brief facts: Blackheart International, LLC (“Blackheart”) is a limited liability company incorporated under the laws of West Virginia. Trivec-Avant Corporation (“Trivec”) is a company having its principal place of business in the State of California. … Continue reading “LLC Recovery of a Debt”

Petition for Judicial Dissolution and Sale in Lieu of Partition of Two LLCs and a Corporation in Maryland

Author: LegalEase Solutions  Introduction Plaintiff is a member of two LLCs in Maryland and a stockholder in a Maryland corporation.  The first LLC owns two parcels of real property.  The second LLC and the Corporation owns one parcel of real property each.  Plaintiff’s ex-wife is the only other member of the LLCs and stock holder … Continue reading “Petition for Judicial Dissolution and Sale in Lieu of Partition of Two LLCs and a Corporation in Maryland”