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Brett Melson's Blog
Brett Melson
The most popular type of company formation in Delaware is, by far, the LLC. The Delaware Legislature created the LLC business form to give maximum effect to the members’ freedom to contract...
Brett Melson
We receive inquiries daily from clients wondering why everyone does not file a Series LLC instead of the traditional LLC. The Delaware Series LLC business form reduces the fees incurred in creating...
Brett Melson
Back in October, 2009 we discussed how the LLC is owned, operated and maintained in a post titled 101 on an LLC Agreement. Many clients have come to us with questions and are curious about the fact...
Brett Melson
Clients often ask us to articulate the benefits and drawbacks of forming and operating a business as a limited liability company (abbreviated as LLC) as opposed to a limited partnership (...
Brett Melson
The Delaware legislature created the LLC business form to give maximum effect to the members’ freedom to contract with one another upon whatever terms they deem best suited to their...
Brett Melson
Under Delaware law, a limited liability company (LLC) may be composed of individual series of membership interests. This type of entity is referred to as a “Series LLC.” Each series...
Brett Melson
In an LLC, the members are free to organize the LLC in whatever manner they choose, with near-total freedom to define the relationship among the members and the terms governing the operation of the...
Brett Melson
In May of 2009 we published an article entitled 101 on the Series LLC in which we discussed the pros and cons of using the Series LLC. Here is a little recap of the May 2009 article:
Under Delaware...
Brett Melson
Structuring and operating a business is a complex challenge under the best of circumstances. When family members are part of the equation, the complexity multiplies many times. On the other hand,...
Brett Melson
The Delaware Corporate law structure does not impose restrictions on foreign ownership or management, and it does not require a Delaware LLC to have any presence in Delaware except for a registered...