An apartment complex’s title wasn’t transferred for tax purposes, so a 5% cap on annual value increases isn’t lifted, the Oklahoma Supreme Court held Tuesday.

Opinion: Olshan's Kerrin Klein examines six terms lurking in LLC agreements investors need to keep an eye out for before ...

The Delaware Court of Chancery granted a motion to dismiss a complaint filed by two minority equity holders against the ...

There are real-world scenarios where an owner can be personally responsible for debts, lawsuits, or legal violations connected to the business. Understanding these exceptions is essential for anyone ...

In certain circumstances, two or more people organize their business as a limited liability partnership to receive some unique benefits. LLPs are often used by professional services businesses ...

Gov. Kelly Ayotte has signed into law a bill that will limit product liability for New Hampshire firearms manufacturers like ...

On Friday, the University of Kentucky's board of trustees approved a proposal to transform the athletic department into a limited liability company called Champions Blue, LLC. The move represents ...

An individual buyer — a Delaware limited liability company whose owner could not yet be determined — paid billionaire Ken Griffin $19 million Tuesday for the top two floors of the 38-story ...

Different from a limited liability partnership (LLP), this type of business entity may be best suited for those who desire to pool their funds together to create a company, but who are not all ...

If you are looking to start or you’re your business, a Limited Liability Partnership (LLP) is a setup that offers the best of both worlds—partnership flexibility with the safety of limited ...

Greater asset protection can be achieved by holding the general partnership interest in a limited liability company (LLC) that is owned and controlled by the parents. At the same time, the parents ...