An S corporation isn't technically a legal business entity. It's actually a tax designation that primarily corporations (although limited liability companies are also eligible) elect to eliminate ...
A limited liability company generally shields its members from being personally liable for the debts and obligations of the business. To accomplish this, it is necessary for the members to distinguish ...
Two couples, Morris and Sharon Garcia (collectively, "Morris") and John and Janie Garcia (collectively, "John"), in 1979 formed a partnership known as G2 Farms, with Morris and John each owning 50%, ...
Baldwin County courthouse in Bay Minette, Alabama, where this case took place. In October of 2010, SE Property Holdings LLC (SEPH) obtained a judgment in Alabama state court for a little more than $9 ...