Next question in the series “Things You Should Know According to Your Neighborhood Lawyer – Constitution Edition” Question 5: How could Jeannette Rankin have served in Congress before the Nineteenth Amendment (woman suffrage) was adopted? Answer: “The Constitution never prohibited women from voting or serving in public office, leaving that for the states to decide. […]
Netflix’s 2020 release, The Trial of the Chicago 7 (written and directed by Aaron Sorkin), attempts to make a straightforward story out of a complicated trial, in which eight defendants are accused of conspiracy to provoke the riots at the 1968 Democratic Convention in Chicago. In some ways, Sorkin had incredible success, while in other ways, the compromises he made may have been too hasty.
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.”