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The Louisiana State Board of Private Security Examiners opened an investigation in February 2012 following a Times-Picayune article that reported that Defillo's private consulting company, called Crescent City Consulting LLC, was offering security-related services on film sets. The board pulled Defillo's license, but he said he would ignore it.
Members of an L3C are considered a fiduciary of the organization. Depending on a member's role in the organization, they may have varying fiduciary duties. Two common fiduciary duties are a duty of care and a duty of loyalty. Violations of these duties can result in a civil lawsuit and lead to compensatory damages and punitive damages. Note ...
The owners of the LLC, called members, are protected from some or all liability for acts and debts of the LLC, depending on state shield laws. In the United States, an S corporation is limited to 100 shareholders, [b] and all of them must be U.S. tax residents. [c] An LLC may have an unlimited number of members, and there is no citizenship ...
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The Louisiana State Bar Association (LSBA) is the integrated (mandatory) bar association of the U.S. state of Louisiana.The mission of the Louisiana State Bar Association is to assist and serve its members in the practice of law, assure access to and aid in the administration of justice, assist the Supreme Court in the regulation of the practice of law, uphold the honor of the courts and the ...
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