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2 May 2016, 3:09 am by Peter Mahler
The decision also granted plaintiff access to the LLC’s books and records as permitted pursuant to LLC Law § 1102 (b). [read post]
16 Oct 2014, 8:25 am
Photos: https://www.flickr.com/photos/kayveeinc/3888284344/sizes/m/ https://www.flickr.com/photos/4blogs/3207629320/sizes/m/ [read post]
15 Jun 2017, 1:25 pm
 Justice Rushing amply highlights those differences in today's opinion.The Court of Appeal's limited holding is that -- at least for standing purposes -- it's okay for a corporate entity to sue under a registered d/b/a, even if that's not its formal legal name. [read post]
21 Jun 2010, 8:37 am by Larry Ribstein
RULLCA §409-410 do not provide for pre-formation duties to those who are not members, and I’m not aware of any LLC case law on the issue (see Ribstein & Keatinge, §9:5). [read post]
19 Nov 2018, 3:46 am by Peter Mahler
” I’m not a tax expert, but I’m fairly confident it makes no difference whether one or the other of those boxes is checked for a non-member assignee of an LLC interest, at least for tax purposes. [read post]
11 Dec 2017, 3:28 am by Peter Mahler
The LLC had two members: Charles Cartalemi, the managing member holding an 80% interest, and non-managing member William Jacobs holding a 20% interest. [read post]
10 Dec 2018, 3:08 am by Peter Mahler
The defendants next argued that the LLC lacked standing to sue under § 18-803 (b) of the Delaware LLC Act because it had been administratively dissolved by the Delaware Secretary of State in 2016. [read post]
20 Nov 2017, 2:13 am by Peter Mahler
 In fact, I’m not aware of any reported case in any jurisdiction adjudicating a demand for inspection by a non-member assignee under the statutory default rules. [read post]
23 Jan 2023, 4:48 am by Peter Mahler
Here I’m thinking mainly (but not exclusively) of cases involving 50/50 commercial realty holding LLCs which continue to operate the property, collect rent, pay bills, and remain financially feasible while the two owners engage in serious personal hostility and clash over management, maintenance, finance, distributions, and long-term objectives including holding or selling the realty. [read post]
3 Feb 2020, 7:31 pm by Patricia Salkin
The determination at issue was the approval of an incentive zoning application by respondents-defendants M & F, LLC, Daniele SPC, LLC, Mucca Mucca, LLC, Mardanth Enterprises, Inc., and Daniele Management, LLC – collectively doing business as Daniele Family Companies – in connection with a proposed Whole Foods store in respondent-defendant Town of Brighton. [read post]
9 Nov 2012, 6:03 am by Catherine M. Clayton
On Wednesday, the Supreme Court heard oral argument in the case of Already, LLC d/b/a Yums v. [read post]
2 Oct 2017, 3:33 am by Franklin C. McRoberts
  Under the operating agreement, the “general business and affairs” of the LLC were manager managed, but the agreement also stated that “[m]ajor decisions other than with respect to day to day operations shall be made by a majority in number of the Members holding 70%” of the membership interests. [read post]
2 Oct 2017, 3:33 am by Franklin C. McRoberts
  Under the operating agreement, the “general business and affairs” of the LLC were manager managed, but the agreement also stated that “[m]ajor decisions other than with respect to day to day operations shall be made by a majority in number of the Members holding 70%” of the membership interests. [read post]
13 Apr 2019, 12:39 pm by Staff Attorney
(M Holdings), and operating under the d/b/a name Dean Grant Financial and GFG Strategic Advisors was arrested in February 2019 on charges of fraud. [read post]