The Limited Liability Company (LLC), a hybrid of the partnership and the corporation, has become a popular legal alternative for business owners. Now available in almost all states, the LLC combines ...

A limited liability company is a type of corporation, although most people use the terms limited liability company and limited liability corporation interchangeably. Technically, the abbreviation, LLC ...

The clock will soon start ticking for compliance with New York’s Limited Liability Company Transparency Act (the “NY LLCTA” or the “NY ...

Business owners seeking to limit their personal liability for the actions and debts of the company may structure the business as a limited liability partnership or as a limited liability company.

It can be argued that the first requirement of the ‘successful’ business structure is limited liability: without this protection against failure, many businesses would simply not assume the commercial ...