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A recent decision from Alabama highlights the problems which arise when a suit in Federal Court on the basis of diversity jurisdiction involves a foreign (i.e., non-US) business organization.

The rule of in delectus personae is well rooted in the law of LLCs; no person can by acquisition of an interest in the venture exercise management func­tions unless and until some threshold of the...

The district court affirms the bankruptcy court's approval of the attorney fee application.

The Sixth Circuit B.A.P. affirms the decision of the bankruptcy court granting relief from the automatic stay so that the creditor can continue with state court litigation against the debtor.

The bankruptcy court rejects the creditor's argument that its wholly underwater lien on the Chapter 13 debtors' residence cannot be avoided based on § 1322(b)(2).

In a recent decision from the Southern District of New York, there was applied the rules for diversity jurisdiction under the Class Action Fairness Act. Claridge v. North American Power & Gas, LLC, No. 15-cv-1261 (PKC), 15 WL 5155934 (S.D. N.Y. Sept. 2, 2015).

Just as persons have the capacity to enter into contracts and to have those agreements enforced, they likewise

Draft distilling is the heart and soul of the alcohol movement. Many craft distillers began as hobbyists, keeping their day jobs while focusing night and weekend efforts on perfecting their spirits.

We for several years have been waiting for the federal Crowdfunding rules. According to this blog posting by Steven Bradford, the wait may soon be over.

In a recent decision from the Sixth Circuit Court of Appeals, it was held that, for purposes of the Fair Debt Collection Practices Act ("FDCPA"), an LLC is a "person."

In late December, I reported on the jury verdict in Liberty Rehabilitation v Waide, wherein a jury determined that the majority shareholder of a corporation had breached his fiduciary duties...

At the UKCLE/KBA Section of Business Law Business Associations Institute I mentioned that the General Assembly had just passed an amendment to the Kentucky LLC Act providing by statute for derivative actions in LLCs (2015 Ky. Acts, ch. 34, § 50).

According to a story in The Columbus Dispatch, a recent effort to organize an LLC under the name "delivermepot.com" was rejected on the basis that an LLC may be organized for a "legal purpose,"...

Last week the 2015 LLC Institute was held in Arlington Virginia. Notwithstanding a few hiccups, the Institute was a success, that being attributable to great work of the program chairs.

There is a robust debate over whether the liability of an individual series is limited, in foreign jurisdictions that do not provide for series LLCs.

"Your ways are not our ways" are words said by Dracula in the movie Bram Stoker's Dracula; Transylvania and Victorian London being rather dissimilar.

ADAAA and FMLA compliance are some of the top employment law issues that keep HR professionals, attorneys and their employers up at night.