The Innovator’s Counsel: A Bird’s Eye View of the Massachusetts LLC Statute

A Limited Liability Company (“LLC”) is an unincorporated legal entity organized under a state limited liability company law that offers limited liability to all of its owners, who are called “members.” Massachusetts has codified its LLC laws as Mass. Gen. Laws c. 156C (“MA LLC Statute”). While all 50 states now have...
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The Innovator’s Counsel

Welcome all to the first installment of the Innovator’s Counsel! This blog will, in the coming weeks and months, devote itself to issues of interest to innovators and entrepreneurs. Our goal is to make this blog a must read for those who have started a new business or who are interested in...
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New Mass – Israel Partnership- Good Business for Massachusetts

Massachusetts Governor D Patrick is to be congratulated for his continued efforts to promote business relationships between Massachusetts and the State of Israel. This June, Massachusetts and Israel launched a new partnership designed to finance joint R&D projects in the life sciences, clean energy and technology industries. Please see, Massachusetts and Israel Unveil...
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Choosing the Legal Form of a Service or Professional Business — an Urban Legend

There are good reasons to organize a professional practice or other service business as a limited liability company (LLC) or a limited liability partnership (LLP), and there may also be good reasons not to.  But, the matter is complicated and sometimes what is thought to be a good reason turns out to be...
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