In 2021, entities formed in Pennsylvania and entities formed in other states that have registered to do business in Pennsylvania...
Owner Liability – Piercing the Veil
A corporation or limited liability company provides multiple advantages to business owners which is why business lawyers so frequently recommend...
Legislative Updates Owners of PA LLC’s & Partnerships Need to Know – Part 2
Earlier this year, amendments to Pennsylvania’s statutes governing partnerships and limited liability companies (often referred to as unincorporated entities or...
Legislative Updates Owners of PA LLC’s & Partnerships Need to Know – Part 1
The Pennsylvania General Assembly, with significant input from the Pennsylvania Bar Association’s Business Law Section, recently passed Act 170, which...
Do Delaware LLC Managers Have Fiduciary Duties? Maybe.
Just when minority owners of Delaware LLCs thought that the Delaware Limited Liability Company Act (the “Act”) protected them from...