An LLC, or limited liability company, is a hybrid of a corporation and a partnership. It provides personal asset protection like a corporation and is considered a "disregarded entity" by the IRS, ...

Purchasing a subsidiary is one of the ways your company can expand into a new market. Instead of starting a new venture from scratch to capitalize on an opportunity, you can take advantage of the ...

Please note: This item is from our archives and was published in 2002. It is provided for historical reference. The content may be out of date and links may no longer function. CERTAIN DEVELOPMENTS IN ...

When someone says that a subsidiary is “wholly owned”, I believe that the common understanding is that the parent company owns all of the issued and outstanding equity of the subsidiary. What if the ...

The Corporate Transparency Act (the “CTA”), a new federal law, went into effect on January 1, 2024 (see our update and summary here). In the weeks since, the Financial Crimes Enforcement Network ...

You are responsible for corporate operations and procurement at the headquarters of a Fortune 1000 company. Your team has done an outstanding job selecting preferred suppliers, negotiating prices and ...

There’s been a lot of chatter about the state of Ubisoft and the company’s future, and Tencent’s name has been floated as a potential suitor should the Assassin’s Creed developer ever become available ...