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The buildings are owned by Dr. Nielsen and his partners, who formed a limited liability corporation.
After Ms. Wolaner raised $175,000 from investors in mid-1985, she formed a limited partnership.
For example, telling us that he has formed a limited liability corporation, an L.L.C., does not add much to his credibility; it's really just protection for the entrepreneur.
The university formed a limited liability company, Syracuse University Hotel and Conference Center, to operate the hotel, which is expected to keep the Sheraton name, as a wholly owned subsidiary on a for-profit basis.
The company's big break came in December 2000, when ConAgra formed a limited liability partnership with it to develop the Missouri plant, helping the $27 billion food company solve its problem of dumping agricultural waste.
The two partners, which individually have an interest in several properties in Manhattan, formed a limited partnership to buy the 90,000-square-foot building, which is now 95percentt leased, for $10 million.
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If limiting liability is a concern for you, then your attorney may recommend that you form a limited liability company instead, or a limited liability partnership (if your state offers that as an option).
To form a limited company, it's a little more complicated.
He and Mr. Flanagan, the Southampton lawyer, also suggest that co-owners form a limited liability company.
Another explained the protection offered by forming a limited liability company.
In this video, an accountant discusses the differences between forming a limited liability company, a C corporation and an S corporation.
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