70 Pages Posted: 9 May 2007
This article reflects the thinking of business and tax lawyers at the dawn of the development of limited liability companies. It provides a thorough discussion of the few things known and many questions that existed in 1992 when only a handful of states had LLC legislation. Many of the questions have now been resolved, some by the "check-the-box" regulations and some by the more recent limited liability company legislation, but the article provides useful background in the development of what was to become a predominating business organization.
Suggested Citation: Suggested Citation
Keatinge, Robert R. and Ribstein, Larry E. and Hamill, Susan Pace and Gravelle, Michael L. and Connaughton, Sharon, The Limited Liability Company: A Study of the Emerging Entity. Business Lawyer, Vol. 47, p. 375, 1992. Available at SSRN: https://ssrn.com/abstract=984625