LLCs | Blog for Business Law

— By Alex HurstOctober 11, 20170 Comments

The Serious Uncertainties Surrounding Series LLCs

Much as the limited liability company (LLC) took the country by storm in the early 1990s, forever changing the American landscape of corporate governance and small business taxation, a new type of entity is proliferating from state to state: the protective series LLC. Originally developed…

— By Alex HurstMay 9, 20162 Comments

Giving It a Proper Burial: Dissolving LLCs and Corporations in Missouri

When it comes to corporations, LLCs, and other entities, people tend to focus on their birth rather than their death, with most available literature being on the pros and cons of different types of entities and how to go about creating one. But for reasons…

— By Alex HurstFebruary 25, 20160 Comments

Which Hat Are You Wearing?

Often in my practice I’ll write documents that call upon a client who owns all or part of a limited liability company (“LLC”) or other entity to sign more than once on the same signature page. This may seem silly, but it serves an important…

Business Law LLCs

— By Ron WillenbrockJune 9, 20154 Comments

Properly Maintaining Your Business’ Corporate or LLC Status

So, you’ve decided to incorporate your business or operate your business as an LLC. However, merely filing the “proper paperwork” with the Missouri Secretary of State’s Office to form a corporation or an LLC is not the end of your endeavor. This blog post explains…

Business Law LLCs

— By Jim BorchersDecember 13, 20131 Comment

Sole Owner LLC – Is Your Liability Really Limited?

You are proud of yourself. You went on-line at the Secretary of State’s website and filed your Articles of Organization. This means that you have limited your personal liability right? Well … maybe. People rarely understand that what they do AFTER filling Articles of Organization is…

Business Law LLCs

— By Jim BorchersJuly 30, 20131 Comment

Dinosaurs are NOT Extinct

Dinosaurs are extinct right? Well, not in the business world. There’s a dinosaur still in our midst known as the limited partnership. In reviewing loan documents for a local lender I uncovered what should have been a fossil, but alas, it was still living. Limited…

— By Jim BorchersJanuary 22, 20133 Comments

Do LLC’s Have “Corporate Formalities”?

You just formed a new LLC and your attorney says, “We recommend an annual retainer; and for this retainer we serve as your registered agent and assure that you meet the necessary ‘company formalities.'” Before you write that check allow us to give you a…

— By Jim BorchersAugust 20, 20123 Comments

Doing Business As a Corporation? You’re Living in the Past

So, your family business has been a corporation forever. All these years you’ve been dutifully filing your annual report with the Missouri Secretary of State’s office along with your annual fee; and filing the mandatory annual franchise tax return (even though you don’t owe any…