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A limited liability company (LLC) is a popular and flexible business structure with no limit to its number of members. LLCs are pass-through entities, meaning business taxes are paid through the ...

In addition to researching the steps and state requirements for starting an LLC in Delaware, preparing and filing the appropriate formation documents can take significant time and effort. Instead, you ...

Delaware General Corporation Law (the “DGCL”), Section 102(b)(7) was revised as of August 1, 2022, to allow Delaware corporations to provide their officers with exculpatory protections for personal ...

In April 2018, the Delaware State Bar Association’s Corporate Law Section approved an amendment to the Delaware Limited Liability Company Act that allows for the formation of public benefit limited ...

A recent holding highlights the very significant pitfall of overlooking the "internal affairs doctrine" in forming a Delaware LLC while inserting a New Jersey choice of law provision in the operating ...