Search for: "Alternative Mechanical, LLC"
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23 May 2019, 6:00 am
The Court found that the two founding members were deadlocked on numerous important issues, such as the company’s strategic vision, and that the LLC agreement did not provide any alternate mechanism to resolve the deadlock. [read post]
10 Apr 2017, 10:23 am
“Rotating/ Alternating” or “Casting” Vote Mechanisms These mechanisms allow the members to rotate “tie-breaking” or “casting” votes whenever there is a deadlock on a decision. [read post]
6 Feb 2015, 9:15 am
The post The Phantom Equity Alternative appeared first on Andrew Abramowitz, PLLC. [read post]
26 Feb 2022, 6:45 am
This mechanism allows LLC members to hold alternating, tie-breaking vote authority when there is a deadlock regarding a major decision. [read post]
27 Jul 2020, 4:17 am
” He suggested exploring the right to dissolve the LLC as an alternative to the problem posed in Mr. [read post]
22 Mar 2012, 6:37 am
• Has the design been reduced to scale drawings fully illustrating its dimensions, characteristics and mechanics? [read post]
22 Mar 2012, 6:37 am
• Has the design been reduced to scale drawings fully illustrating its dimensions, characteristics and mechanics? [read post]
2 May 2016, 3:09 am
Second, the LLC’s articles of organization contained no provision authorizing expulsion of a member, thus at the time of plaintiff’s supposed expulsion, under the governing default rules of the LLC Law “there was no voting mechanism in place or provision regarding the removal of a member. [read post]
8 Nov 2023, 9:34 am
In Premier Restoration LLC v. [read post]
13 Nov 2014, 6:11 am
The Court agreed that “[i]f an equitable alternative to continued deadlock had been specified in the LLC Agreement, arguably judicial dissolution under § 18-802 might not be warranted”. [read post]
7 Mar 2022, 7:24 am
Such LLCs may inevitably require managers to exercise a significant level of discretion while carrying out the voting of the members, akin to how traditional LLCs would function in a central manner. [read post]
27 Jan 2023, 11:04 am
Judicial Expulsion The alternative to judicial dissolution is member expulsion. [read post]
27 Jan 2023, 11:04 am
Judicial Expulsion The alternative to judicial dissolution is member expulsion. [read post]
12 Jun 2023, 2:27 am
What alternative remedies might a court consider in the case of an oppression claim based upon sex discrimination? [read post]
24 Aug 2014, 12:40 pm
Accordingly, we cannot uphold the district court’s dismissal on this alternative basis. [read post]
24 Aug 2014, 12:40 pm
Accordingly, we cannot uphold the district court’s dismissal on this alternative basis. [read post]
5 Feb 2023, 5:12 pm
In the case styled: In re: Dissolution of T&S Hardwoods KD, LLC, C.A. [read post]
11 Feb 2019, 6:00 am
Purchase agreements in M&A transactions often include alternative dispute resolution mechanisms. [read post]
8 Aug 2022, 3:10 am
The Court framed the question as “whether the Plan [of conversion] was a statutory conversion within the meaning of the LLC Law, as opposed to the utilization of a mechanism of conversion not governed by statute. [read post]
27 Jul 2015, 8:18 am
Genesis Holdings, LLC Published: 7/27/2015 11:34 AM [read post]
