Unlike most of the common business entities that exist today, the LLC has a fairly brief history in the United States. Entities such as partnerships, sole proprietorships and corporations have existed since the founding of the country. The LLC, however, has only existed in a recognizable form for roughly thirty-five years. What, then, led to the creation of this new entity? The single most important reason for the creation of the LLC was what has come to be known as “the tax-shield conundrum.”
Over the past few months, pop star icon Brittany Spears has been all over the national news not for her music but instead for her legal issues. From the Free Britney movement to a New York Times documentary movie, it is easily said that this case is unusual. Conservatorships are court appointed and designed to […]
“Under Article I, Section 5, each house of Congress can set its own rules of proceedings. The larger House, where membership reflects the population of each state, has set rules that limit how long members can speak and that reduce their opportunity to block legislation coming to a vote. The smaller Senate, where all states […]