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2 Oct 2017, 3:33 am
liquidation of the LLC is the only feasible means whereby the Petitioner may reasonably expect to obtain a fair return on his investment” (compare BCL 1104-a [b] [1]). [read post]
2 Oct 2017, 3:33 am
liquidation of the LLC is the only feasible means whereby the Petitioner may reasonably expect to obtain a fair return on his investment” (compare BCL 1104-a [b] [1]). [read post]
17 Mar 2023, 3:09 am
Companies not in good standing may be more vulnerable to business identity theft.[1] The business’s home state can dissolve the LLC. [read post]
1 Nov 2023, 9:00 pm
Companies not in good standing may be more vulnerable to business identity theft.[1] The business’s home state can dissolve the LLC. [read post]
19 Oct 2018, 7:53 am
There is a good explanation why in eight separate studies conducted by the US Chamber of Commerce, Delaware has been ranked #1 in state legal systems. [read post]
2 Aug 2023, 7:08 am
If done right, a holding company can provide unique legal protections that cannot be achieved with just one business entity. [read post]
2 May 2016, 3:09 am
The defendants (all relatives of plaintiff) moved to dismiss the complaint, arguing that the LLC was debt-free and highly profitable; that New York law does not recognize an LLC member’s cause of action for appraisal rights; and that notwithstanding the absence of an operating agreement, the LLC’s intended purpose to own and operate the realty was being achieved with great financial success. [read post]
25 Oct 2011, 10:42 am
In doing so, veil piercing is called upon to achieve such lofty goals as leading LLC members to optimally internalize risk, while not deterring capital formation and economic growth, while promoting populist notions of economic democracy. [read post]
16 Jan 2018, 10:32 am
Id. at *1 [read post]
25 Oct 2011, 10:42 am
In doing so, veil piercing is called upon to achieve such lofty goals as leading LLC members to optimally internalize risk, while not deterring capital formation and economic growth, while promoting populist notions of economic democracy. [read post]
12 Mar 2013, 1:17 pm
A very polished draft must be submitted by November 1, 2013. [read post]
24 Sep 2021, 9:48 am
The Certificate of Formation of a Public Benefit LLC must (1) state in its heading that it is a “statutory public benefit limited liability company” and (2) include a “Public Benefit Statement” which describes the LLC’s particular public benefit purpose(s), and thereby requires management to achieve these goals in addition to profit. [read post]
27 May 2021, 8:26 am
Iowa Code § 489.701(1)(e)(2). [read post]
19 Apr 2023, 7:46 am
Why Form an LLC Reason #1) Personal Asset Protection: The primary reason why business owners form LLCs is to protect their personal assets. [read post]
27 Jan 2023, 11:04 am
However, an LLC and its members will benefit from having a well-drafted operating agreement that considers potential member or manager disputes and provides clear and definitive processes to achieve a resolution. [read post]
27 Jan 2023, 11:04 am
However, an LLC and its members will benefit from having a well-drafted operating agreement that considers potential member or manager disputes and provides clear and definitive processes to achieve a resolution. [read post]
6 Oct 2020, 5:00 pm
[1] Lazar v. [read post]
27 Jan 2023, 10:10 am
In a member managed LLC, a 1% owner has equal power to bind the LLC in the ordinary course of business as a 99% owner. [read post]
27 Jan 2023, 10:10 am
In a member managed LLC, a 1% owner has equal power to bind the LLC in the ordinary course of business as a 99% owner. [read post]
31 May 2016, 12:46 pm
” The first commercial deliveries for Train 1, under a sale and purchase agreement with BG Gulf Coast LNG, LLC (BG), is expected in November 2016. [read post]
