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How to Add New Members to Your Limited Liability Company

by divi | Apr 16, 2019 | Corporate Law, Uncategorized

You may be in the situation that your company is thriving, but you need more resources or funding to expand, to grow, to take your company to the next level. So you are looking for investors to inject additional funding into the company by selling a portion of your...
Breaking Up an LLC Will Be Easier to Do in 2017

Breaking Up an LLC Will Be Easier to Do in 2017

by divi | May 8, 2017 | Business Litigation, Corporate Law, Partnership Law

All good things come to an end and that could include a limited liability company or LLC. California law will change in 2017 and make it easier to dissolve and to wind up its affairs. If you’re involved in an LLC and thinking it’s run its course and time to pull the...

Fiduciary Duties No Laughing Matter for Mr. Ha

by divi | Aug 14, 2014 | Business Litigation, Corporate Law, Limited Liability Company Law

Those who manage Limited Liability Companies (LLC’s) have many responsibilities. It’s up to them to run a business and make a profit while living up to their responsibilities to fellow company members. Most managing partners, if their businesses aren’t making record...

Updated California LLC Law Changes Default Rules and Adds Flexibility to Fiduciary Duties

by divi | Feb 5, 2014 | Business Litigation, Business Start Ups, Corporate Law, Limited Liability Company Law, Partnership Law

st of 2014 by the new California Revised Uniform Limited Liability Company Act (RULLCA). The new provisions of RULLCA significantly alter the default and mandatory rules that previously governed California based LLCs. Although many of the provisions are similar to the...

Four Conditions that Can Lead to the Dissolution of a Limited Liability Company

by divi | Apr 25, 2013 | Limited Liability Company Law, Partnership Law

When the investors or entrepreneurs set up a limited liability company (LLC) for their business ventures, most of the time they want the endeavor to be successful and lasting. However, there are times when the members will need to dissolve the business affairs of the...

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