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Limited Liability Company Lawyers for Arkansas

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Meet some of our Arkansas Limited Liability Company Lawyers

Lynette P. on ContractsCounsel
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Member Since:
October 1, 2023

Lynette P.

Litigation Attorney
Free Consultation
Little Rock, Arkansas
11 Yrs Experience
Licensed in AR, TX
St. Mary's University School of Law

I am licensed in both Texas and Arkansas but actively working in Arkansas. My primary focus is criminal defense, family law, and estate planning (wills and trusts).

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Meet some of our other Limited Liability Company Lawyers

Ralph S. on ContractsCounsel
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5.0 (4)
Member Since:
October 31, 2021

Ralph S.

Attorney
Free Consultation
Gainesville FL
13 Yrs Experience
Licensed in DC, FL, MA
University of Florida Levin College of Law

Ralph graduated from University of Florida with his JD as well as an LLM in Comparative Law. He has a Master's in Law from Warsaw University , Poland (summa cum laude) and holds a diploma in English and European Law from Cambridge Board of Continuous Education. Ralph concentrates on business entity formation, both for profit and non profit and was trained in legal drafting. In his practice he primarily assists small to medium sized startups and writes tailor made contracts as he runs one of Florida disability non profits at the same time. T l Licensed. in Florida Massachusetts and Washington DC this attorney speaks Polish.

Melanie C. on ContractsCounsel
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Member Since:
October 31, 2021

Melanie C.

Business & Intellectual Property Attorney
Free Consultation
NY/NJ
20 Yrs Experience
Licensed in NJ, NY
Emory University School of Law

Melanie Cunningham specializes in helping entrepreneurs remain creative and expansive by establishing the foundation of their business and protecting and maximizing their intellectual property. It’s her belief that entrepreneurs and micro and small business owners play a critical role in our communities, which propelled Melanie to return to private practice after more than a decade working for global financial institutions. Melanie’s practice is dedicated to delivering excellent legal support and protection to this vital, but an often underserved, community. Melanie credits her business training and the skills developed as a senior compliance officer with enabling her to help small business owners have a legally compliant business, while proactively advising clients during the growth process. She’s helped diverse entrepreneurs do business in a way that focuses more on collaboration than competition. Melanie has counseled small business owners in determining what is protection worthy (helping them obtain trademarks and copyrights) and making contact on their behalf in the case of infringement.

Josiah Y. on ContractsCounsel
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Member Since:
November 10, 2021

Josiah Y.

Managing Shareholder of The Law Office of Josiah Young, PC
Free Consultation
Sacramento, California
11 Yrs Experience
Licensed in CA, NY
American University Washington College of Law

Attorney licensed to practice in both California and New York, Josiah is focused on helping people understand what's in their contracts, and do business with confidence.

Natalie A. on ContractsCounsel
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Member Since:
November 13, 2021

Natalie A.

Commercial Counsel
Free Consultation
Montreal, Quebec, Canada
18 Yrs Experience
Licensed in AK
Université de Sherbrooke, Sherbrooke, Quebec - LLB Civil Law

I am an experienced in house counsel and have worked in the pharmaceutical, consumer goods and restaurant industry. I have experience with a variety of agreements, below is a non-exhaustive list of types of agreements I can help with: Supply Agreements Distribution Agreements Manufacture Agreements Service Agreements Employment Agreements Consulting Agreements Commercial and residential lease agreements Non-compete Agreements Confidentiality and Non-Disclosure Agreements Demand Letters Termination notice Notice of breach of contract My experience as in house counsel has exposed me to a wide variety of commercial matters for which I can provide consulting and assistance on. I have advised US, Canadian and International entities on cross-functional matters and have guided them when they are in different countries and jurisdictions as their counterparties. I can provide assistance early on in a business discussion to help guide you and make sure you ask the right questions even before the commercial agreement needs to be negotiated, but if you are ready to put a contract in place I can most definitely help with that too.

Jeff C. on ContractsCounsel
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Member Since:
November 16, 2021

Jeff C.

Attorney
Free Consultation
Denver, Colorado
38 Yrs Experience
Licensed in CO
Creighton University

Jeff Colerick has been practicing law for over 30 years and has devoted his professional career to providing clients with intelligent representation and personal care. His experience as a lawyer involving complex matters has resulted in a long history of success. Jeff has built a practice based on a deep understanding of real estate assets and corporate activities. He combines his industry knowledge with a practical and collaborative approach to problem solving. Jeff’s client relationships are strong because they are built on mutual respect. Jeff talks the language of real estate and understands that it is a vehicle to deliver your business strategy. Jeff provides practical, responsive, and strategic advice related to real estate acquisition, construction, leasing, and sale of a wide range of real property types, including office, retail, medical, industrial, industrial flex-space, mixed-use condominium, multifamily and hospitality. As leader of the Goodspeed Merrill real estate practice group, Jeff represents clients with commercial and residential transactions, purchases and sales, land acquisition and development, real estate investment and financing, financing liens and security interests, and commercial leasing and lease maintenance, including lease enforcement support and advice. The firm represents clients in matters concerning construction, lending, developers, contractors and subcontractors, cell site leasing, property and boundary disputes, common interest community law, and residential condominiums and planned communities.

Limited Liability Company Legal Questions and Answers

Limited Liability Company

LLC

Florida

Asked on Jul 5, 2023

LLC and member meetings?

I am considering forming a limited liability company (LLC) with a few other partners. We are looking to have a clear understanding of the expectations for LLC and member meetings, including the frequency and formality of such meetings. We also want to make sure all members are held accountable for their actions and that our rights and responsibilities are clearly outlined.

Daniel D.

Answered Jul 21, 2023

In Florida, LLCs are not required to have annual meetings of the members and/or managers. However, your operating agreement would lay out different circumstances when the members and/or managers must meet to make important company decisions. You can draft the operating agreement to give you and your partners greater flexibility as to when and why a meeting is required, for example, hiring a new officer, spending over a certain amount of money, admitting a new member or removing a member. If you do not have an operating agreement in place, then the default is the FRLLCA. However, holding meetings of the members and/or managers is a good way to increase your liability protection. Even if the formalities are not required by law, abiding by them can help bolster your corporate veil and it will also add value down the road to your business when you or your partners sell. To hold a meeting, you would need to notice all the members, hold the meeting, record the minutes of the meeting and then draft and execute any resolutions that were voted on at the meeting. If all members are going to vote unanimously, you could use a "Consent in lieu of meeting" to be drafted that records the vote and decision of the members, which all voting members should sign. It is important that your operating agreement is well drafted.

Read 1 attorney answer>

Limited Liability Company

LLC

New York

Asked on Oct 25, 2023

Is LLC formation state-specific?

I am looking to start a business and am considering forming a limited liability company (LLC). I have heard that the LLC formation process is state-specific, and I want to make sure that I am taking the right steps to form a LLC in the correct jurisdiction. I would like to know if the LLC formation process is state-specific, and if so, what steps I should take to form a LLC in the correct jurisdiction.

N'kia N.

Answered Oct 27, 2023

LLC formation is state-specific, as there is no federal formation process. Each state can establish its own laws, including those related to state taxes, for an LLC operating there. However, an LLC must also comply with any applicable federal laws. If you have specific questions about state and federal implications of LLC formation, you might consider consulting with a knowledgeable business law attorney. [I am licensed to practice law by the state of North Carolina.]

Read 2 attorney answers>

Limited Liability Company

LLC

Texas

Asked on Oct 29, 2023

What's the purpose statement in LLC formation?

I am looking to start a small business and am exploring the option of setting up a Limited Liability Company (LLC). I have been researching LLC formation and understand the basic steps involved, but I am unsure of the purpose statement that needs to be included. I want to ensure that I am setting up my LLC correctly and I am hoping to get some clarity on the purpose statement to ensure that my LLC is properly formed.

Darryl S.

Answered Nov 28, 2023

The purpose statement for an LLC formation only needs to be 1-2 sentences that broadly describe the general nature of the business. Here is an example LLC purpose statement: "The purpose of this Limited Liability Company is to engage in any and all lawful business activities related to providing consulting services in the technology industry, as the members see fit."

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Limited Liability Company

Limited Liability Company Agreement

Minnesota

Asked on Feb 11, 2022

Transfer Ownership to another person

Hi, I am EU national from Lithuania and we opened a company with a partner in US. Our initial agreement with that person, was, that he handles US operations and keeps part of the company. However, legally it is registered as LLC in Minnesota under his name. At this stage, turnovers are growing and we would like to transfer ownership (I think selling the company) to me and keep him as a Director in that company. This LLC is operating from 2019. We would like to know, is it possible to do it without physically traveling to US? What tax implications will be? Also will it be possible to buy this company at low cost? Company has a lot of inventory, but at the same time high debt with suppliers. At the moment, equity is about 2k and vendor debts - inventory/customer debts/cash approximately 280k. Thank you for your help!

Jaren J.

Answered Feb 25, 2022

The transfer of LLC member interests are done via written agreements signed by all parties. They are internal to the company and not recorded anywhere. You don't need to be in the US to accomplish the transfer. Depending on how the transfer is done, there shouldn't be any tax implications.

Read 1 attorney answer>

Limited Liability Company

LLC Operating Agreement

Florida

Asked on Aug 8, 2021

What happens to LLC when member dies?

I want to create an operating agreement that explains what happens with the business in case one of the members died. We have an LLC. We want to create an operating agreement that states how the business will keep working in case one of our members dies.

Forest H.

Answered Aug 23, 2021

There are provisions to add to an operating agreement to address the death or incapacity of a member. Feel free to contact me if you would like to discuss how to move forward.

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