A limited liability company (LLC) is a flexible form of enterprise that blends elements of partnership and corporate structures. An LLC is not a corporation; it is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions. LLCs do not need to be organized for profit. In certain US states, businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but required to form a very similar entity called a Professional Limited Liability Company (PLLC).
Posts about Llc
  • Attorney Franklin Presents at Pennsylvania Bar Association Conference

    … Prince Law Offices, P.C. Attorney Jeffrey A. Franklin was pleased to present two sessions at the Annual Pennsylvania Bar Association Solo and Small Practice Conference at Bedford Springs this week. Attorney Franklin spoke regarding Title 15 (new Pennsylvania business entity law Act 170) and Virtual Practice technology issues. Mr. Franklin…

    Prince Law Offices, P.C.- 11 readers -
  • A Comprehensive Revision of Pennsylvania Law on Partnerships and LLCs

    … On February 21, 2017, Act 2016-170 (commonly known as House Bill 1398) went into effect. The Act is a comprehensive revision of Pennsylvania law on partnerships and limited liability companies (LLCs). This Act amends Title 15 (Corporations and Unincorporated Associations) and Title 54 (Names) to replace the law governing limited liability…

    Prince Law Offices, P.C.- 12 readers -
  • Buy-Sell Agreements and Getting Out of Business

    … corporations, for example, generally restrict stock ownership to natural persons, so if a single share falls into the hands of an LLC or corporation, the business loses the tax benefits and suffers the additional burdens that come with C corporation status. (The vast majority of publicly-traded U.S. companies are C corporations, which adds legal…

    Stephen Hoffman/ Hoffman Law Office, P.C.- 11 readers -
  • California Broker and New York Broker-Dealer Accused of Investment Fraud

    … California Broker and New York Broker-Dealer Accused of Investment Fraud Posted on Friday, May 15, 2015 at 12:00 PM Rana Prasad, a broker from San Diego, California, and his employer Stonehaven LLC, a securities brokerage firm in New York, are accused of soliciting 14 Kansas investors to invest in limited partnership interests…

    Eccleston Law Offices- 18 readers -
  • FDA Demands 14 Dietary Supplement Cos. Remove DMBA From Supplements

    … Has the FDA has been slow to act in the case of DMBA, a synthetic stimulant used in many weight-loss and body building dietary supplements? Some in Congress think so. In October of 2014, Senators Durbin and Blumenthal pressed the FDA to deal with DMBA, an artificially produced ingredient with amphetamine-like qualities being sold in supplements…

    Greg Webb/ MichieHamlett- 14 readers -
  • Dorian Garcia—Fraud and Registration Violations

    … and his alleged FOREX scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients. Any investors who believe they lost money as a result of alleged fraud committed by Dorian Garcia and his companies DG Wealth Management…

    Alan Rosca/ Investment Fraud Lawyers- 245 readers -
  • Former Citi Broker Charged With Outside Business Activity

    … Former Citi Broker Charged With Outside Business Activity Posted on Monday, May 4, 2015 at 11:11 AM From the Desk of Jim Eccleston at Eccleston Law LLC: FINRA has accused David Lee Shafranek, a former broker with Citigroup Global Markets, of outside business activity. That is when a broker solicits a client to purchase securities not held…

    Eccleston Law Offices- 17 readers -
  • UBS Under Investigation for Selling Currency and Foreign Exchange Products

    … UBS Under Investigation for Selling Currency and Foreign Exchange Products Posted on Friday, May 1, 2015 at 11:19 AM From the Desk of Jim Eccleston at Eccleston Law LLC: The U.S. Justice Department is investigating UBS Financial Services, unsuitable recommendations and sales of currency and foreign exchange products, including the UBS V10…

    Eccleston Law Offices- 17 readers -
  • Oil and Gas Company and Founder Plead Guilty to Ponzi Scheme

    … GC Resources claimed to own. Polito then used investor money for Ponzi-type payments back to investors and to purchase luxury cars, designer watches, and exotic vacations for himself. The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. …

    Eccleston Law Offices- 30 readers -
  • New Continuity Plans Advanced By Securities Regulator

    … New Continuity Plans Advanced By Securities Regulator Posted on Wednesday, April 29, 2015 at 12:02 PM From the Desk of Jim Eccleston at Eccleston Law LLC: The North American Securities Administrators Association has developed a model rule outlining policies that investment advisers should have in place to respond to natural disasters…

    Eccleston Law Offices- 10 readers -
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