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He remained active in his practice at the firm, until his death in 1992. [8] The company became Shuttleworth & Ingersoll in 1983. [1] Six lawyers left a rival firm to join Shuttleworth and Ingersoll in 1998 [9] and the firm became a professional limited liability company in 1999. [10] The company's president is Brian Bergstrom. [11]
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]
In October 2016, thousands of Portuguese cab drivers blocked access to Lisbon International Airport to protest government plans to legalize and regulate ridesharing companies. [194] In December 2017, Uber was ruled to be illegal in Portugal. [195] In November 2018, Uber and ride sharing became legal again with the so-called 'Uber law'. [196]
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Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company, or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets ...
The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.
By 2006, population growth in varying regions of central Iowa led to Polk County and nineteen cities forming a regional transportation agency following changes to Iowa law in 2005. [4] Sunday service was added for the first time in 2007. In 2008, a free shuttle linked downtown Des Moines with the Iowa State Capitol.
To create such a statute, legislation must be passed that amends the state's general limited liability company (LLC) law. [23] Note that a business can operate as an L3C within a state that does not have an L3C statute by incorporating in a state that does have an L3C statute and filing as a foreign firm doing business. [22]