Business Law

Business Law News 2018, ISSUE 3

Table of Contents

Executive Committee: Message from the Chair…………………………………………………………..4

BLN Editorial Board: Message from the Editors………………………………………………………….5

Uneasy Footing in Corporate Law: The Scope of Shareholder Inspection Demands…….7
By Christian Graham, Esq.
Author Christian Graham provides a brief survey of the common law and statutory rights of inspection of corporate records accorded to shareholders, examines other resources for guidance, and concludes with recommendations for a corporation’s response to a shareholder demand.

Reserving for a Delaware LLC…………………………………………………………………………………..11
By Phil Jelsma
Phil Jelsma analyzes the different requirements imposed on Delaware LLCs and California LLCs when they elect to dissolve and how those requirements affect LLCs, such as real estate development companies, that are subject to relatively long periods of liability with respect to their activities. The author explains why, in some cases, investors would be better advised to use a California LLC, and concludes with recommendations for practitioners.

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