The number one reason Delaware LLCs are used in my city is to hide payoffs to politicians and well-connected folks. It is the only way to get around disclosure laws on the city's books. Two separate lawsuits showed that the Delaware LLCs are impenetrable by the public.
The number one reason Delaware LLCs are used in my city is to hide payoffs to politicians and well-connected folks. It is the only way to get around disclosure laws on the city's books. Two separate lawsuits showed that the Delaware LLCs are impenetrable by the public.