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... members of New York limited liability companies may bring derivative suits on the LLC's behalf. Answer: they may. Here's the decision in Tzolis v. ... were unable to achieve democratically" (p. 20). The availability to LLC members of derivative rights will have a substantial impact on LLC member relations and the kind of litigation that may ... rights, members holding minority interests in LLCs had little recourse against majority abuses that caused direct injury only to the LLC (e.g., taking excessive ...

... suit seeking to invalidate the vote and to declare that he continued to be a member-manager of the LLCs. He also sought to recover one-third of property management fees that were ... entitled to vote thereon. The trial court's decision did not comment directly on the interplay between Article II, Section 7 of the operating agreement and Section ... s not clear to me that Ross v. Nelson will have much practical impact: Ross gives rise to no broad pronouncements of law. At bottom it is an ordinary contract ...

... se unlawful, (5) whether it matters if the offer is made to a lawyer rather than directly to a debtor; (6) whether a safe harbor exists for debt collectors accused of violating § ... ," id., at 12. Moreover, the failure to include this safe-harbor language in a letter sent directly to a consumer does not automatically constitute a violation of the FDCPA; rather, the district court ... .3d 118 (2d Cir. 2002), and Guerrero v. RJM Acquisitions LLC, 2007 WL 2389825 (9th Cir. Aug. 23, 2007), the fourth issue, ...

... ruled that - plaintiffs "cannot prevail" on their claim the resorts needed environmental assessments due to environmental impacts of the resorts, their argument that the Planning Commission erred in issuing permits without requiring sufficient environmental assessments to be ... ) and if, given the facts and under the relevant law, one side is clearly entitled to judgment. In contrast, a directed verdict motion is made by a party after the other side has finished presenting its case. Although the ...

Bill Gross, Managing Director at Pacific Investment Management Company LLC, known as PIMCO, has some interesting comments on the credit markets, housing prices, the economy, and how the Federal Reserve should respond. In his ... derivatives that have yet to be discovered by the public, and marked to market by their conduit holders." Those tracking how the direction of the economy may impact the level of future Chapter 11 bankruptcy filings will find the entire Investment Outlook well worth reading.

... here by Arkansas Business). Ticketmaster recently won a preliminary injunction against one such software provider in Ticketmaster, LLC v. RMG Technologies, Inc. (posted here 10/18/07). How will this injunction affect the Arkansas investigation? The Ticketmaster case should not have any effect, because consumers do not have standing to bring a cause of action. First, there is no direct communication between the software provider and the consumer. Without a direct communication, there can be ...

... is behavioral). I have found that oftentimes this creates confusion, apprehension and ultimately has a negative impact on "how" society views the disease of addiction, or, is willing to engage in any productive dialogue on the topic. How many times have you ... addiction. Although this may be a minor point, I truly believe as a society, it is imperative to properly define and direct both dialogue and research on the national level. We need to lead in what it is that researchers are actually trying ...

... area of securities laws was handed two days ago by the US Supreme Court in the case of Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc. In its judgment (available here), the court (by a 5:3 majority) held that private actions ... . Let us look at each one of them as follows: Indian companies listed in the US: Perhaps it is this set of companies who will be impacted directly by this decision. Investors in these companies would not have a private action against third parties that are ...

... . The companies collectively own or guarantee approximately $5 trillion in home loans. Thus, this move thrusts trillions of dollars of risk directly onto the shoulders of American taxpayers. • The U.S. government seizure of Fannie Mae and Freddie Mac has triggered one of the ... shot up to its highest level in 16 months in July, 2008. Page Perry's Market Monitor is published periodically to give investors an overview of certain recent developments impacting the economy and/or the investment markets.

... Bayer's attempt to register ASPRINA as a US trade mark fails: (Intellectual Property Directions), Celebrex (Celecoxib) - CAFC invalidates Pfizer's latest-expiring patent on Celebrex for ... defence for community designs: J Choo (Jersey) Limited v Towerstone Limited: (IMPACT), UK IPO announces Patent Prosecution Highway to be extended to cover international applications: ... Disney Co - Walt Disney Co wins trade mark claims in Thoroughbred Legends LLC v The Walt Disney Co: (43(B)log), World Wide Video - ...