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An LLC is a type of unincorporated association, distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and ...
At the time of his election to managing partner in 2021, he led the firm's advanced analytics practice and was based in the firm's San Francisco office. [ 1 ] [ 8 ] [ 9 ] He had previously led McKinsey's operations practice in the US and its private equity practice globally.
A partner's share of a recourse liability, then, is the share for which that partner bears the economic risk of loss. [37] A partner bears the economic risk of loss to the extent the partner or a related person would be required to contribute to the partnership to satisfy the obligation, determined by way of a "constructive liquidation" analysis.
Other People's Money is a 1991 American romantic comedy-drama film directed by Norman Jewison, starring Danny DeVito, Gregory Peck and Penelope Ann Miller.It was adapted by screenwriter Alvin Sargent from the 1989 play of the same name by Jerry Sterner.
Jonathan Scott Lavine (born May 9, 1966) is an American businessman serving as Chair of Bain Capital.He founded Bain Capital Credit and Special Situations in 1998. He also served as Co-Managing Partner of Bain Capital from 2016 – 2024.
For Dummies is an extensive series of instructional reference books which are intended to present non-intimidating guides for readers new to the various topics covered. The series has been a worldwide success with editions in numerous languages.