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CJBS
By: Larry Goldsmith, J.D., C.P.A., C.F.F.A. The limited liability company, or “LLC”, was first introduced in the State of Illinois in 1994 and is now well known and accepted in the market place and amongst professionals. Created to be a combination of a partnership and a corporation, the LLC grants its investors/equity holders, (known as […]
July 24, 2008
4 MIN READ
Blog
CJBS
By: Larry Goldsmith, J.D., C.P.A., C.F.F.A.Partner at CJBS, LLC In these difficult economic times, there will be many businesses that will no longer be able to meet their current obligations. Their lenders will refuse to advance additional capital and the financial pressures will force the closely held business owner into Chapter 7 bankruptcy. There are […]
July 3, 2008
5 MIN READ