The availability of “limited liability” is one of the primary reasons people choose to operate businesses in the form of corporations, limited liability partnerships (LLPs), or limited liability ...

The very nature of a limited company ensures your business is a separate legal entity from you, the business owner, meaning you’re not wholly liable for its debts and assets. This gives you a degree ...

A Limited Liability Company (LLC) is a business structure that provides limited liability protection for its owners and shareholders. It means that the company's liabilities are separate from those of ...

Mitchell Zingman explains how a recent New York Civil Court decision held that RPAPL 735 does not permit substituted service ...

LPs invest capital and receive income, carrying no personal liability beyond their investment. GPs manage daily LP operations but face unlimited personal liability if the LP fails. LPs are taxed as ...

Limited partnerships (LPs) are a specific type of business structure that consists of at least one general partner and one or more limited partners. The general partner typically assumes full ...