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In a recent unanimous decision in Special Appeal No. 2209077/RS, Brazil’s Superior Court of Justice (“STJ” or the “Court”) reaffirmed the broad application of joint and several liability under Law No. 12,846/2013 (the...more
The Company Law of the People's Republic of China, as last amended and came into effect on July 1, 2024 (the "New Company Law"), has introduced a number of changes compared with its predecessor, including new provisions...more
What Is A DAO? A decentralized autonomous organization (“DAO”) is a collectively owned and managed entity with a set of rules written in computer code. They are organized around a set of rules on the blockchain and...more
This past session, the Connecticut General Assembly has adopted legislation to provide clarity and predictability to business owners and the investors regarding when their personal assets could be at risk because of the...more
Not much, really. While the entity’s form and structure morph to an LLC, the rights and liabilities of the entity are generally unaffected. Under California’s statutes governing the conversion of an entity to an LLC...more
There are many state and federal statutes which provide personal liability against the owners of businesses that are operated through corporate or other legal forms such as Limited Liability Company’s (“LLC’s”). One such...more