[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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