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Limited Liability Company (LLC) NYDOL

Skadden, Arps, Slate, Meagher & Flom LLP

New York Governor Signs Bill Closing ‘LLC Loophole’

On January 24, 2019, New York Gov. Andrew Cuomo signed a bill closing the “LLC loophole,” as discussed in our January 22, 2019 mailing....more

Skadden, Arps, Slate, Meagher & Flom LLP

New York State Bill to Close ‘LLC Loophole’ Awaits Governor’s Signature

On January 14, 2019, the New York state legislature passed A. 776 (the bill), which is designed to close the “LLC loophole” in state campaign contribution laws that treats LLCs as individuals, rather than corporations. New...more

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