To practitioners familiar with internal disputes involving closely held companies, the allegations in Lafayette Village Pub, LLC v. Burnham, 2025 ...

No matter what kind of business you run, having an operating agreement is important. An operating agreement gives you a chance to explain how your LLC will function. This legal document isn’t required ...

Many partnership agreements, however, have more complex distribution provisions. Distributions may provide that a preferred return is first paid to the cash-contributing partners and then excess cash ...

This can be done online, in person, or by mail. Creating a California LLC operating agreement is the only way to legally lock down your LLC’s management and ownership structure. Having this document ...

Creating an Alabama LLC operating agreement (also known in the state as a limited liability company agreement) is the only way to legally lock down your LLC’s management and ownership structure.

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