The continuing evolution of single member LLCs
Article Abstract:
Many organizations in the real estate sector are selecting the limited liability company (LLC) model. Various Commercial Mortage Based Securities (CMBS) lenders are of the view that single member LLC borrowers should be formed in Delaware and important sections should be brought in to safeguard the lender's and noteholder's securities. The reasons are attributed to the attractive sections of the Delaware LLC Act and the decisions of the caselaw by the Delaware courts. Some LLC sections of each US states are presented.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 2004
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New Hart-Scott-Rodino Act reporting requirements for LLCs, partnerships and other unincorporated entities
Article Abstract:
A review of the final rules issued by Federal Trade Commission (FTC) which will affect the changes to Hart-Scott-Rodino Antitrust Improvements Act 1976, on premerger notification requirements for LLCs, unincorporated entities and partnerships is presented.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 2005
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Governance of limited liability companies- contrasting California and Delaware models
Article Abstract:
Management constraints of a limited liability company in different states are critically analyzed. The states of California and Delaware offer different standards for management's duties for the organizers to choose their formation state.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 2003
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