Series of Unincorporated Business Entities: the Mobius Strip and Klein Bottle of Business Entity Law
Document Type
Article
Publication Date
2015
Publication Information
Business Law Today (February 17, 2015)
Abstract
Back in the day – say, 1990 – limited liability companies (LLCs) were the cutting edge of business entity law. Today, LLCs dominate entity formation, and the cutting edge has moved further out – to the notion of a “series,” a quasi-separate, quasi-person existing within an LLC.
Business lawyers are generally familiar with series of stocks and bonds, but those series have nothing to do with the LLC series discussed in this article. To avoid confusion, this article refers to protected series, which, as we will see, are the Mobius strips or Klein bottles of entity law.
Repository Citation
Kleinberger, Daniel S., "Series of Unincorporated Business Entities: the Mobius Strip and Klein Bottle of Business Entity Law" (2015). Faculty Scholarship. 566.
https://open.mitchellhamline.edu/facsch/566