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26 Apr 2021, 3:19 am by Peter Mahler
At least for New York LLCs, a member can be expelled from an LLC only if expressly authorized by the operating agreement. [read post]
28 Sep 2011, 6:49 pm
Last week, Williams Oinonen LLC helped sponsor and organize a two day event at Emory University School of Law presented by the Center for Advocacy and Dispute Resolution. [read post]
3 Jul 2017, 3:37 am by Peter Mahler
” The loan further notes that failure to comply with this requirement will constitute an event of default for [the LLC]. [read post]
3 Jul 2017, 3:37 am by Peter Mahler
” The loan further notes that failure to comply with this requirement will constitute an event of default for [the LLC]. [read post]
3 Jan 2022, 12:02 pm by The White Law Group
LJM’s value dropped 80% during an extreme volatility event in February 2018 and the fund ultimately liquidated and closed, resulting in hundreds of thousands in losses for Triad’s customers. [read post]
5 Feb 2013, 7:17 am by Raffaela Wakeman
This event Wednesday at Georgetown University Law Center looks like a good one, and is open to all D.C. [read post]
24 Mar 2017, 8:57 am by IncNow
This Delaware LLC Operating Agreement can anticipate member disputes and function like a prenuptial agreement to avoid litigation in the case of a “business divorce,” and many other major events in the life span of a company, making the Operating Agreement’s function in running the LLC all the more valuable. [read post]
5 Mar 2012, 6:34 am by Jeffrey W. Berkman, Esq.
  Although not required, t is advisable for an LLC to document important resolutions thereby demonstrating that the members observe formalities in the event of an attempt by a third party to pierce the protection afforded the members by the LLC structure. [read post]
13 Oct 2021, 12:00 am by Matthew Brust
The governing documents of the LLC may determine which events require majority consent or unanimous consent, what is to occur upon the death of a member, and the LLC having a first right of refusal to purchase membership interests, among many other events that may be controlled by the governing documents of the LLC. [read post]
13 Oct 2021, 12:00 am by Matthew Brust
The governing documents of the LLC may determine which events require majority consent or unanimous consent, what is to occur upon the death of a member, and the LLC having a first right of refusal to purchase membership interests, among many other events that may be controlled by the governing documents of the LLC. [read post]
25 Apr 2008, 4:54 pm
This includes any lawsuit filed by CACH, LLC. [read post]
7 Feb 2020, 1:29 pm by Malecki Law Team
Perhaps this barely registers as a newsworthy event; brokerage firms are censured and fined all the time by regulators, and for much more than $50,000. [read post]
9 Nov 2020, 3:31 am by Peter Mahler
Section 10.2 of the LLC agreement set forth a detailed procedure by which the members could force a shotgun buy-out of one member by the other either in the event of deadlock over a Reserved Matter or a material breach of the LLC agreement. [read post]
6 May 2019, 5:39 am by Steven Koprince
I am very pleased to announce that Matthew Moriarty has been elevated to the partnership at Koprince Law LLC. [read post]
13 Jan 2010, 7:13 am by Steven Peck
An Limited Liability Company ("LLC") is dissolved and its affairs are wound up on the happening of any of the following events: (1) at the time specified in the articles; (2) on the happening of events specified in the articles or a written operating agreement; (3) by a vote of at least a majority in interest of members or a greater percentage, if required by the articles or operating agreement; (4) without contrary provision in the articles or operating… [read post]
11 Dec 2017, 3:28 am by Peter Mahler
Section 10.01 of the LLC’s 1995 operating agreement included a provision entitled “Right of First Refusal” that started off with the sentence, “In the event any Member . . . desires to sell his, her, or its Membership Interest, the Selling Member shall first be required to adhere to the terms of this section. [read post]