[EL] About those Fugees-LLCs ...

BZall at aol.com BZall at aol.com
Tue Mar 31 11:36:14 PDT 2015


Re: "How the Founder of the Fugees Became a Big-Time Political Donor ..." 
 
Sigh. The "evil LLC" meme returneth anew.
 
Hate to interrupt a good Fugees story, but kind of incomplete discussion in 
 the article. The FEC has long held that "single-member, natural  person" 
LLCs are disclosed in the name of the person. Explanation and  Justification 
for the Treatment of Limited Liability Companies Under the Federal  Election 
Campaign Act, 64 FR 37397, 37399 (July 12, 1999). This is the so-called  
"degree of unity" test.  AO 2009-2 (True Patriot Network). And especially  for 
LLCs that are ONLY political conduits. AO 2009-13 (Black Rock).  
 
Perhaps Slate should follow up with the other recent Pras story:  
http://www.tmz.com/2015/01/23/pras-fugees-north-korea-food-video-kim-jong-un/
 
Barnaby  Zall
Of Counsel
Weinberg, Jacobs & Tolani, LLP
10411 Motor City  Drive, Suite 500
Bethesda, MD 20817
301-231-6943 (direct  dial)
bzall at aol.com 
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