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Business Ownership Regulatory Reform Limited Liability Company (LLC)

Shumaker, Loop & Kendrick, LLP

Client Alert: Governor DeSantis Signs SB 316 (2025), Allowing Formation of Florida Series LLCs Starting July 1, 2026

On June 20, 2025, Florida Governor Ron DeSantis signed Senate Bill 316 into law, allowing the formation of domestic Protected Series Limited Liability Companies (Series LLCs), as well as recognizing out-of-state "foreign"...more

Troutman Pepper Locke

Champion Blue LLC: Kentucky’s Play to Reshape College Athletics

Troutman Pepper Locke on

Recently, the University of Kentucky took an interesting step in the context of collegiate athletics by converting its athletic department into a limited liability company (LLC), named Champions Blue LLC. This structure makes...more

Troutman Pepper Locke

New York LLC Transparency Act Enacted … Again

Troutman Pepper Locke on

On March 1, New York Governor Kathy Hochul signed a new version of the New York LLC Transparency Act (NYLTA) into law, repealing the original version enacted in December 2023. The new NYLTA pushes back the law’s effective...more

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