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12 Feb 2024, 6:07 am
The new complaint, a copy of which can be found here, arguably represents a new direction in ERISA liability litigation, perhaps the next big thing after all of the ERISA excess fee litigation. [read post]
7 Feb 2024, 11:32 am
Here are the most common violations: Your broker did not promptly execute a trade as directed. [read post]
FORT LAUDERDALE BUSINESS LITIGATION: SHAREHOLDER DERIVATIVE AND DIRECT LAWSUITS AGAINST CORPORATIONS
2 Feb 2024, 5:39 am
Gardner, 127 Cal.App.4th 305 (2005), stated in pertinent part that, “a shareholder cannot bring a direct action for damages against management on the theory their alleged wrongdoing decreased the value of his or her stock (e.g., by reducing corporate assets and net worth). [read post]
24 Jan 2024, 10:14 am
Any second-comer should have the burden to prove that asset ownership transferred. [read post]
26 Dec 2023, 4:22 am
And the winners are: Doeblin v MacArthur Case law is clear that designated managing members of New York LLCs owe fiduciary duties whereas non-managing members do not. [read post]
22 Dec 2023, 3:52 am
It is this separation that allows an LLC to have some level of asset protection. [read post]
13 Dec 2023, 3:42 pm
And the second Trump impeachment followed only days after the former president’s attempt to overturn his election loss produced a riot in the Capitol directed at and witnessed by the members of Congress who voted to impeach him. [read post]
13 Dec 2023, 8:41 am
Bui told how Linh Deitz, the office manager for Mavexar, formed Mellaconic in August 2020 with the limited assets of seven patents. [read post]
5 Dec 2023, 9:05 pm
., LLC v. [read post]
30 Nov 2023, 9:55 am
Suppose you go from regular to direct. [read post]
27 Nov 2023, 11:11 am
If the intellectual property (IP) related to the film was housed an a typical for-profit, the board could change direction from producing a documentary to producing a commercial film. [read post]
27 Nov 2023, 9:34 am
In exchange, the nursing homes paid ROHM management fees. [read post]
24 Nov 2023, 10:03 pm
It is this separation that allows an LLC to have some level of asset protection. [read post]
20 Nov 2023, 9:05 pm
Judge Arthur Engoron has ordered that receivers be appointed, apparently to oversee the dissolution of the Trump Organization’s limited liability companies (or “LLCs”), and has further directed that the “assumed name” certificates be cancelled for these LLCs, which were filed under Section 130 of the New York General Business Law. [read post]
20 Nov 2023, 4:21 am
” SNL could be removed as a managing member of the LLCs at plaintiff ERI’s direction upon the occurrence of a “Removal Event. [read post]
10 Nov 2023, 9:44 pm
They can guide the business in whatever direction they want. [read post]
10 Nov 2023, 11:07 am
This guardian will direct medical treatment, residential placement, social services, and other needs for the PWD. 755 ILCS 5/11a-17. [read post]
1 Nov 2023, 11:41 am
Freeport, like Masterworks, do not tokenize the objects themselves; Rather, they set up series LLC who acquires an artwork, via affiliated Freeport Curation LLC, which then becomes the series LLC’s primary asset and subject to investment under Tier 2 Regulation A of the Securities Act.[16] The tokens registered on the blockchain are just a corresponding visual representation of the ownership interest to a particular series, not conferring any rights that the… [read post]
27 Oct 2023, 6:00 am
The proposed rule would require financial institutions to share data at a consumer’s direction with companies offering competing products. [read post]
23 Oct 2023, 4:44 am
Its sole asset was a building that was rented to another company. [read post]
