Category: LLC Definitions

WHAT DOES THE TERM “DISREGARDED ENTITY” ACTUALLY MEAN?

Every LLC lawyer and accountant should have a thorough knowledge of how the Check-the-Box Regulations apply to LLCs and, in particular, about what the Check-the-Box Regulations term “disregarded entity” means—and doesn’t mean.  For a useful discussion about disregarded entities under current law, click on the link below:

https://www.sullivanlaw.com/assets/htmldocuments/JPTE_22-04_Hammell-Kupiec-Ponda.pdf

LLC Definitions

Law Journal Article on LLCs as Contractual Entities
A thoughtful law journal article explores the extent to which LLCs really are the purely contractual entities they are often described as being under the Delaware Limited Liability Company Act.  he citation is below.

42 Del. J. Corp. L. 391
Delaware Journal of Corporate Law
2018
Article
Mohsen Manesh
Copyright © 2018 by Widener University Delaware Law School; Mohsen Manesh
CREATURES OF CONTRACT: A HALF-TRUTH ABOUT LLCS