The Latest Breaking News from LLC

Susan Hoffinger reveals details from a 2016 audio recording of a conversation involving Donald Trump and Michael Cohen about setting up an LLC for informat...

Key email exchange between Farro and Cohen reveals details of financial transaction, shedding light on interactions under scrutiny in the trial.

Only “persons” can engage with the legal system – for example, by signing contracts or filing lawsuits. There are two main categories of persons: humans, termed “natural persons,” and creations of the law, termed “artificial persons.” These include corporations, nonprofit organizations and limited liability companies (LLCs).

OpenAI tried to remove Mark Walters' lawsuit to federal court, but has now withdrawn that attempt.

In Walters v. OpenAI, LLC, plaintiff sued OpenAI [link fixed] after it hallucinated false statements about plaintiff (in response to a query by a third party). Plaintiff sued in Georgia state court, and OpenAI removed the case to federal court, on the theory that this is a lawsuit between citizens…

Civil cases arising under federal law are generally filed in federal court: copyright cases, federal employment discrimination cases, cases against government agencies alleging violations of the U.S. Constitution, and more. But civil cases arising under state law can also be filed in federal court, if they involve more than $75K…

Some LLC and LP members who don’t pay SECA taxes are on the IRS’s radar.

"For now, this is goodbye"

Estate planning attorneys love trusts. Here’s why you might, too.