As to the parties to a trust relationship, there are two categories of limited liability apropos trust administration: internal and external. Fiduciary liabilities of the parties vis-à-vis one another ...

Learn what a De Jure Corporation is, its legal advantages, and how it secures limited liability protection for business ...

When they incorporate, many businesses form as Limited Liability Companies (LLCs). An LLC is a corporate structure that’s a separate entity from the person(s) forming it. It also requires the owners ...

Mitchell Zingman explains how a recent New York Civil Court decision held that RPAPL 735 does not permit substituted service on limited liability companies, potentially forcing landlords to use more ...

Fifty years ago Milton Friedman declared that "the social responsibility of business is to increase its profits." The anniversary of that proclamation occasioned a flurry of commentary about what, if ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Limited liability is “a basic and fundamental rule of ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. Once in a while the manager of a limited liability ...

Opinions expressed by Entrepreneur contributors are their own. When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities ...