LLC

Delaware takes pride in being the leading state for business entity law. One of the advantages of Delaware is its responsive filing system, including Delaware’s team of state employees and network of commercial agents.  Through DCIS, commercial agents located in Delaware who enter access contracts, complete training and pay access fees are able to incorporate […]

Why a Series LLC? For an entrepreneur who has multiple business pursuits or who owns multiple real estate investment properties, each product, service or property can be segregated into its own protected cell. A claim arising out of any one property, product or service should not allow that creditor or claimant to reach the assets […]

Which decisions are made by or require ratification by the members by simple majority (> 50%), supermajority (≥ 75%) or unanimous decision (100%)? Below is a list of some powers to consider addressing in your Delaware LLC Operating Agreement to determine who has the authority to engage in certain “big deal” transactions: Acquiring or selling […]