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Designing and driving a Delaware LLC: With the right operating agreement it performs like a NASCAR champion vehicle

Delaware has become the preferred state to use for the LLC especially for large commercial deals. This is because of the Delaware flexibility when designing the agreement (something known as “freedom of contract”) and predictability to make sure it performs in stressful situations, like lawsuits. When a driver turns the wheel on a NASCAR stock […]

By John Williams July 2, 2012
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How is a Series LLC like a Fountain Soda?

(If you are not familiar with how soda fountains work, the syrup is inside plastic baggies in a cardboard box. Each plastic baggie is connected to a hose which leaves the box and connects to the soda fountain where the syrup from the baggies travels through the hoses to be mixed with the carbonated water […]

By John Williams December 31, 2011
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