Hints and tips:
...series of at least three sham corporate transactions by and among a labyrinth of Delaware limited liability companies that he forms and/or controls....
...This became a template for about 20 transactions, until a change in Delaware law made it redundant last year....
...Another strategy is to put assets into a limited liability company (LLC) managed by someone else....
...“If you want to have a pottery studio here you can actually afford to do that in a way you could never dream of doing in Boston,” says Steven Conn, a historian and author of Metropolitan Philadelphia....
...But he says they continue to flourish in the US where single member Limited Liability Companies (LLCs) – which are essentially shell companies into which people can place funds – are widely used as a substitute...
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