Illinois Court Finds No Personal Liability for LLC Members if Operating Agreement Doesn't Include Personal Liability Provisions
By Eric Geringswald | CSC
Illinois LLC Personal Liability
An Illinois appellate court affirmed a circuit court's finding that members of an Illinois LLC could not be held personally liable for a money judgment owed by their company because the...
Florida Lawmakers Revise Service of Process Procedures, Update Corporate Income Tax
By Eric Geringswald | CSC
Florida Corporate Income Tax
Florida’s General Assembly added or amended more than 40 sections of the state’s business entity laws, including new revised procedures for service of process and changes to the corporate...
Florida Lawmakers Revise Provisions for LLCs Planning to Issue Securities
By Eric Geringswald | CSC
Florida Laws Governing Business Entities Annotated
Florida’s General Assembly added or amended more than 40 sections of the state’s business entity laws, including new and revised provisions for securities issuances...
Rhode Island Lawmakers enact Uniform Partnership Act and Uniform Limited Partnership Act
By Eric Geringswald | CSC
Lawmakers in Rhode Island passed revised partnership acts to make it easier for partnerships to identify the laws that govern their entities .
The newly enacted Uniform Limited Partnership Act allows Limited Partnerships...
New York Attorneys Can Now Represent Clients in Civil Action for Limited Purposes
By Eric Geringswald | CSC
New York Civil Practice Law
In the latest legislative session, New York lawmakers amended the state's civil practice law and rules to formally authorize attorneys to appear on behalf of parties in civil actions or proceedings...