lnet-llc : LLCs, Partnerships and Business Trusts

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Lnet-LLC is a discussion for lawyers, accountants and professors and students of law and accounting.

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Your co-moderators are: Professors Larry Ribstein (Illinois), Tom Geu (South Dakota) and Gary Rosin (South Texas); and from private practice: Stuart Levine (Baltimore, MD), Nancy Grekin (Honolulu, HI), Lin Hanson (Park Ridge, IL), Chris Riser (Highlands, NC), Dave Culpepper (Portland, OR) and John DeBruyn (Denver, CO).

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Re: S Corp conversion to LLC I have the reverse question - what about a single member LLC converting to an S corporation? Tommy Posted - Tue Dec 15, 2009 9:34 pm	Tommy Boothe uofmtigers1990 Offline Send Email
Re: S Corp conversion to LLC ... What state is the PC organized in? The Illinois PSC and LLC Acts (or at least the online versions) don't allow LLconversions by (professional service) Posted - Tue Dec 15, 2009 9:34 pm	Gary Rosin gsrosin Offline Send Email
Re: S Corp conversion to LLC You might consider converting to an LLC before the foreign investor becomes involved. The EIN will carryover under the F reorg rules. Then termination of Posted - Tue Dec 15, 2009 8:51 pm	Tim Larason timlarason Offline Send Email
S Corp conversion to LLC Good Morning Everyone, I've recently been contacted by a PC who set up a corporation and elected S status earlier this year. The company imports foreign goods. Posted - Tue Dec 15, 2009 6:37 pm	gregory_zbylut Offline Send Email
Distribution rules Colleagues: I have a question. Member of an LLC disassociates. He will be paid $50,000. $25,000 is return of his cash contribution to capital, the other Posted - Thu Dec 10, 2009 5:30 pm	Randy Krbechek randykrbechek Offline Send Email
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