So you’ve decided to form a limited liability company — congrats on your new business venture. After filing the Articles of Organization with the Department of State and complying with any publication requirement, the next step is to draft the LLC’s operating agreement. In doing so, you must decide whether you want your limited liability company to be member-managed or …
Professional Service Limited Liability Companies in New York
Recently, during a real estate closing a borrower looked at my business card and asked me what a “PLLC” was. I thought it would be worth clarifying on this blog for my readers. Pursuant to Article 12 of the New York Limited Liability Company Law, a professional service limited liability company (PLLC) may be formed by one or more attorney …
Labor Day Links
I hope everyone is enjoying their Labor Day! I spent my Labor Day having some good ol’ Texas BBQ and enjoying the street fair in Manhattan. Here are some links for your Labor Day reading: 1. I spent Sunday afternoon listening to the U.S. Department of Agriculture/Department of Justice public workshops. It is definitely worth a listen for livestock producers (particularly cattle folks). …