Search for: "All State Asset Management, LLC "
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16 Sep 2011, 7:13 pm
The Court compared Section 18-305(b), which gives managers the right to examine all the materials described in Section 18-305(e), with the provision of Section 18-305(c) which allows for a good faith defense to a books and records action involving members – - but not managers. [read post]
15 Apr 2010, 4:12 pm
This protection varies from state to state, but it is generally the case that LLCs are harder to take away from their owners. [read post]
19 Dec 2009, 10:14 am
All property owned by an LLC will still be at risk for any liabilities. [read post]
8 Nov 2017, 5:14 am
An LLC is owned by members and operated by either third-party managers or the members themselves. [read post]
5 Mar 2022, 9:48 am
There are domestic asset protection trusts as well, but fewer than half of the states offer them. [read post]
25 Sep 2018, 8:26 am
If the LLC owns property in a state that applies transfer taxes or other taxes to transfers of interests in entities, the Operating Agreement should set forth who is responsible to pay the tax. [read post]
28 Dec 2015, 3:35 am
” Section 5.1, titled “Management,” among other sweeping powers authorized the LLC’s managers to acquire, finance, develop, and operate “any property the Company comes to own in the future. [read post]
8 Jul 2009, 2:39 pm
Following a comprehensive two-month application evaluation and selection process, during which over 100 unique applications to participate in Legacy Securities PPIP were received, Treasury has pre-qualified the following firms (in alphabetical order) to participate as fund managers in the initial round of the program: AllianceBernstein, LP and its sub-advisors Greenfield Partners, LLC and Rialto Capital Management, LLC; Angelo, Gordon & Co.,… [read post]
8 Dec 2020, 3:48 pm
After the plaintiff purchased an economic interest in an LLC at a UCC sale, she brought claims for breach of fiduciary duty and breach of good faith and fair dealing against the manager of the LLC. [read post]
7 Jun 2023, 7:29 am
The state laws where the LLC is registered enforce these protections. [read post]
9 Oct 2023, 11:00 pm
See the Related Content below for LLC operating agreements for other states. [read post]
19 Sep 2014, 7:08 am
White Hat Management, LLC, et. al., 2013-2050. [read post]
8 Mar 2016, 6:00 am
Regardless, this is the law as it stands today and we are here to advise you of the best way to invest in real estate while protecting your assets and giving you the most flexible management choices that are available. [read post]
30 Apr 2012, 3:00 am
All of the New York precedents confer or deny standing based upon membership. [read post]
22 Feb 2016, 3:27 am
He did not accept the offer and was still a unit holder in 2015 when, as part of a restructuring, each of the LLC members, including plaintiff, exchanged their units for membership interests in a company that acquired all of the LLC’s assets. [read post]
22 Feb 2016, 3:27 am
He did not accept the offer and was still a unit holder in 2015 when, as part of a restructuring, each of the LLC members, including plaintiff, exchanged their units for membership interests in a company that acquired all of the LLC’s assets. [read post]
14 Jun 2021, 4:32 am
” Each member received a management certificate stating that the “stated capital contribution and proportionate equity interest is subject to change” as reflected in the books and records. [read post]
12 Jun 2023, 2:27 am
He observed that while a claim for misappropriation of LLC assets would be derivative, the accounting claim—which requires those in control of the company to prepare detailed and supported schedules of income and expenses over a defined period, and account for all transactions—is a direct claim. [read post]
2 Feb 2021, 1:38 pm
All signature blocks on business contracts should start with the LLC’s name and the signature line underneath should be signed ”By:” the managing member, manager, officer or other designee as “Authorized Person”. [read post]
16 Feb 2023, 7:05 am
LLCs are governed by the laws of the state where they are formed, and Delaware’s business laws are known for providing the strongest protections for owners and managers. [read post]
