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Iowa Limited Liability Companies – Iowa’s Statutory Limitation on Piercing...

Members and managers of Iowa limited liability companies (LLCs) are generally protected from incurring personal liability for the act(s) and/or omission(s) of the LLC.  Indeed, Iowa Code Section...

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Advancement of Legal Expenses – A Detailed Procedure For How Your Company May...

If you are a director, officer, member, manager, or even an employee in a business, and you find yourself in a legal dispute (formal litigation or otherwise), the business may be required to pay...

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Personal Liability for Failing to Hold LLC Meetings and Keep Corporate Minutes?

On January 9, 2014, the Iowa Court of Appeals published its opinion in Northeast Iowa CO-OP., n/k/a Viafield v. Joel Lindaman et al., No. 3-1058 / 13-0297 January 9, 2014 (Full Opinion Here), which is...

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