Kern County is filled with hardworking entrepreneurs. In my practice, helping people build businesses and providing tax and asset protection advice, one of the most re-occurring issues that arises is asset protection,...more
Understanding what and when decisions need to be made can help companies ensure a smooth MLP IPO process.
The number of master limited partnerships (MLPs) has grown significantly over the past five years, increasing...more
Recently, a distraught business owner came to me in desperation. He had identified an area of need in the market and had just the expertise to fill it. An industry insider, he had contacts in place and was ready to hit the...more
On August 1, 2013, the Delaware legislature added a potentially important new subchapter to the General Corporation Law, allowing corporations to elect to be formed as, or convert to, a public benefit corporation (PBC)...more
I am pleased to present to you DLA Piper’s “Doing Business in Japan” Guide.
Japan is the world’s third largest economy and remains cutting-edge in business. In 2012, 68 Global 500 Companies were headquartered in...more
In this Issue:
- Limited Liability Companies — The Best of All Worlds?
- Employees Are Responsible for Beneficiary Designations
- Protect Your Plastic
- HOA Can Regulate Common Area
If you are a female business owner, you may be certified or are considering obtaining certification as a Women’s Business Enterprise.
The basic qualifications for WBE certification include...more
There are only few days left until Nevada Day. See “Out by the Truckee’s Silvery Rills”. If you’re still looking for that special Nevada Day gift, nothing says “Happy Nevada Day” quite like a gift of Bishop & Zucker on...more
BUSINESS OBJECTIVES -
Entry into the U.S. market starts with a clear statement of a client’s business objective. The best structure for a client, as well as the possible regulatory issues, depend on what the client...more
The rules that govern businesses formed as limited liability companies, or LLCs, in California are about to get their first major overhaul in 20 years with a new law that takes effect on Jan. 1.
Known as the California...more
A new California law governing limited liability companies takes effect Jan. 1, 2014. This new law may adversely affect existing California limited liability companies by effectively rewriting the terms of their operating...more
As we discussed before, most people end up operating their business through an entity of some sort. However, there are some individuals who do not necessarily need an entity and can operate their business as a sole...more
(*Note: this discussion presupposes a basic understanding of limited liability entities and alternatives, which have been discussed before and which we will discuss more in the future.)
Many people starting a business...more
The 77th Nevada Legislature has adopted several amendments to Nevada’s business statutes affecting Nevada corporations and limited liability companies (LLCs). The amendments to Nevada Revised Statutes (NRS) Chapter 78...more
As an erstwhile player of the five-string banjo, I’m a big fan of Bluegrass music. One of my favorite songs is the rueful “Highway of Sorrow” as performed by the great flat pick guitar player Doc Watson. The song includes...more
S corporation shareholders must be careful not to inadvertently terminate their closely held company’s S election when engaging in estate planning....more
In this presentation:
- Why we need affiliated entities
- Controlling the 501(c)(4)
- Corporate separation issues
- Political activity options
- Excerpt from: Controlling the...more
If you have multiple investors/owners, one of the benefits of using a Limited Liability Company (LLC) to own real property rather than using a partnership is that the LLC offers better protection of the real property from...more
Delaware is the 19th state to adopt a corporate business form for enterprises that wish to combine "for profit" pursuits and "public benefits." On August 1, 2013, Delaware began permitting the organization of for-profit...more
In This Issue:
Making the ‘Right’ Choice; Top Ten Mistakes Businesses Make Regarding Insurance; and You’ve Got the Job, Details Will Follow.
Excerpt from Making the ‘Right’ Choice -
You have the idea, you...more
You have the idea, you have the funds, and you are ready to start your very own business! Now what?!
Whether this is the first and only time you will do this or whether you are an established entrepreneur, one of the...more
A limited liability company (LLC) is an attractive business form in Maryland that gives members benefits such as limited liability from company debts. However, there are unique circumstances under which a creditor of an...more
Universities and colleges seeking to start commercial ventures should consider raising capital through the EB-5 program. If you are a university or college and you are considering building a new student union or a stadium as...more
On July 17, 2013, Delaware Governor Jack Markell signed into law legislation enabling the formation of public benefit corporations in Delaware. In doing so, Delaware became the 19th state to enact this type of legislation;...more
On January 1, 2014, North Carolina’s new limited liability company act (Session Law, 2013-157, signed by the Governor on June 19, 2013, the “New NC LLC Act”) goes into effect, raising the following questions...more