Series LLCs

SERIES LLCS

Below are (i) a citation to a  law journal article about series LLCs in general and in South Dakota; and (ii) a summary of the article. 61 S.D. L. Rev. 361 South Dakota Law Review 2016 Article THE SERIES LLC: FURTHER LIMITING LIABILITY WITHIN THE LLC OR CREATING LIABILITY IN THE BUSINESS ORGANIZATION ARENA? ONLY […]

JOURNAL ARTICLE ABOUT UTAH SERIES LLCS

The article cited below will be of particular interest to Utah lawyers but also to all other lawyers interested in series LLCs and concerned with the risks associated with their use. 29-OCT Utah B.J. 24 Utah Bar Journal September/October, 2016 Article UTAH SERIES LLC–THE RISK OF USE CONTINUES TO BE UNCERTAIN Bruce H. White Copyright […]

NEW BLOG POST RE: TEXAS SERIES LLCS

The new blog post under the link below provides a good brief discussion of Texas series LLCs. To repeat what I’ve often written here in the past:  Series LLCs have their uses, but if you form one for a client, you should always first warn them in writing about the risks involved in using them, […]

TENNESSEE SERIES LLCS

Members of this group who are licensed in Tennessee may be interested in the article below. A DECADE OF DOUBT: REVISITING THE TENNESSEE SERIES LLC Transactions: The Tennessee Journal of Business Law Fall 2015 17 Transactions: Tenn. J. Bus. L. 61 Lindsay M. Johnson , William N. Lay

SERIES LLCS

Series LLCs are hot in the LLC world, but they are dangerous to use even in states whose LLC acts authorize series LLCs.  If you use them for your clients, you should first comprehensively warn your clients in writing about the risks involved in using series LLCs, and you should have your clients sign these […]

TEXAS SERIES LLCS

Here is a cite to an article about how to use Texas series LLCs in real estate deals.  I suspect it also contains some good ideas for non-Texas LLCs: Weller, “Modern Real Estate Transactions: Series LLCS,” SX008 ALI-CLE 1175, The American Law Institute Continuing Legal Education (Jul. 22-24, 2015).

SERIES LLCS AND THE ACA EMPLOYER MANDATE

Here is a cite to a just-published article about Texas series LLCs and the ACA employer mandate: McFadin, Scott, You Can’t Always Count How You Want: Why Texas Series LLCs Do Not Offer A Unique Advantage To Employers Who Wish To Avoid The Affordable Care Act’s Employer Mandate,  Texas Tech Law Review, Summer 2014 I […]

EXCELLENT NEW ARTICLE ABOUT FIFTH CIRCUIT FAILURE TO ADDRESS IMPORTANT QUESTIONS ABOUT DELAWARE SERIES LLCS

My view is that, with narrow exceptions, it’s irresponsible for lawyers to recommend to their clients to form series under Delaware LLC series law if there’s any risk that the client will be sued outside Delaware.  Below is the citation of an excellent law journal article about a recent failure of the Fifth Circuit to […]

NEW LAW JOURNAL ARTICLE ON SERIES LLCS

Those of you who are interested in the highly controversial topic of series LLCs may be interested in the following newly published law journal article:   Justin Fezzi, “Third Time’s a Charm: How the Uniform Law Commission Can Fit Series LLCs Into The Uniform Limited Liability Company Act,” 58 St. Louis U. L.J. 911 (Spring 2014).

NEW LAW JOURNAL ARTICLE ON SERIES LLCS

Those of you who are interested in the highly controversial topic of series LLCs may be interested in the following newly published law journal article:   Justin Fezzi, “Third Time’s a Charm: How the Uniform Law Commission Can Fit Series LLCs Into The Uniform Limited Liability Company Act,” 58 St. Louis U. L.J. 911 (Spring 2014).