Keeping owners, managers, and stakeholders up to date on issues affecting their businesses.
Viewing posts in "Formation".
06.02.26
If your Wisconsin limited liability company (LLC) plans to conduct business outside the state, it is important to understand that each jurisdiction has its own rules governing when and how a business must register if it will operate in that jurisdiction (often called “transacting business”). These considerations apply to other types of entities as well, such as corporations and partnerships; however, this article focuses specifically on the requirements for LLCs.
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Wisconsin's LLC statutes were restated effective January 1, 2023. The restatement may not materially affect existing robust operating agreements, but it did introduce some new terms. If you are looking to amend or restate your LLC's current operating agreement or are drafting a new one, there are some changes to consider.
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03.06.24
On March 1, 2024, the U.S. District Court of the Northern District of Alabama, Northeastern Division, granted summary judgment in National Small Business United v. Yellen. The case, filed by the National Small Business Association (NSBA) and others, alleged that the passage and enforcement of the Corporate Transparency Act (CTA) exceeded the U.S. Constitution’s limits on congressional power.
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