Let’s Stop Describing LLC’s as “Hybrids”

Let’s Stop Describing LLC’s as “Hybrids”

      Recently I published in the Journal of Passthrough Entities Let’s Stop Describing LLC’s as “Hybrids”. 

      In this article I challenge the often made suggestion that LLC’s are a hybrid of corporate and partnership law, a statement which is then typically followed by an effort to pigeonhole the particular question into the answer that would result from either partnership or corporate law. I suggest that the LLC needs to be considered as a unique organizational form not derived from either partnership or corporate law.  

      The article can be accessed through HERE IS A LINK TO THE ARTICLE.