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20 Feb 2024, 7:00 am
Medsurant Holdings, LLC et al.., Case No.3:23-cv-00501), seeking monetary damages and injunctive relief.In a recently announced settlement of that dispute, Medsurant agreed to pay $80,000 to the impacted individual and further agreed to improve its employment related policies and practices.In a written statement, Debra Lawrence, regional attorney in the EEOC’s Philadelphia District Office, said, “Employers should be proactively reviewing their own compensation systems… [read post]
30 Apr 2012, 3:00 am
JG Club Holdings, LLC v. [read post]
19 Nov 2018, 3:46 am
I’m only going to focus on the LLC, and only to the extent of the court’s recent disposition of the plaintiff’s summary judgment motion in which it found, based solely on the K-1, that the plaintiff established his one-third ownership as a member of the LLC and can proceed to trial on his claims. [read post]
9 Sep 2011, 10:43 am
” I criticized the court’s holding as misapplying NY LLC law, concluding: [T]he court’s reasoning using hoary old corporate promoter cases to create a pre-formation fiduciary duty to disclose in LLC cases promises to make a mess out of NY LLC law. [read post]
23 May 2022, 4:04 pm
Using a Subsidiary Corporation for a Non Profit Corporation (501c3) One common use of a subsidiary non-profit LLC is to hold real estate as a land-holding entity. [read post]
24 Jul 2023, 12:30 pm
These formalities may include providing notice, holding a meeting, and obtaining the number or percentage of votes required for dissolution. [read post]
28 Jul 2014, 5:55 am
The possible advantage relates to the holding in Sargeant case which I have discussed in prior posts. [read post]
9 Aug 2018, 6:51 am
Overhauser Law Offices, LLC represented the Defendant Austin Devin 2 Denny Boys LLC and Darlene Nicholas, who filed a Motion to Dismiss for improper venue and prevailed on July 30, 2018. [read post]
22 Apr 2024, 5:56 am
This is of particular importance to real estate companies which make frequent use of LLCs to hold real estate. [read post]
20 Jan 2023, 10:43 am
The operations of an LLC can sometimes be halted if an agreement cannot be reached by members holding sufficient authority to take certain company action. [read post]
28 Jul 2020, 7:57 am
The investor’s claims arise out of recommendations to invest in GPB Automotive Portfolio, LP, a private placement managed by GPB Capital Holdings, LLC. [read post]
19 Apr 2021, 4:03 am
Were the realty-holding entity a close corporation rather than an LLC, such allegations would at least support a colorable, oppression-based claim for judicial dissolution under section 1104-a of the Business Corporation Law. [read post]
11 Nov 2019, 3:45 am
In 1996, he and Rubin converted the partnership to a manager-managed LLC in which each holds a 50% membership interest and each is a designated manager. [read post]
30 Apr 2012, 3:00 am
JG Club Holdings, LLC v. [read post]
29 Apr 2022, 7:16 am
Receives Notification of Non-Compliance from Nasdaq Amidst Ongoing L Bond Fraud Saga appeared first on Zamansky LLC. [read post]
5 Jul 2023, 12:52 pm
These filings included audited financial statements and were related to GPB Capital Holdings, LLC (GPB Capital). [read post]
2 Jul 2021, 10:09 am
Indianapolis, Indiana – Apparently, La Michoacana Meat Market TM Holdings, LLC (“La Michoacana”), the Plaintiff owns a number of federal trademark registrations for use in connection with its Mexican-styled grocery stores, meat markets, fruit shops, restaurants, and bakeries (the “LA MICHOACANA Marks”). [read post]
24 Sep 2018, 2:31 am
Not according to Manhattan Commercial Division Justice Saliann Scarpulla whose decision last month in Yu v Guard Hill Estates, LLC, 2018 NY Slip Op 32008(U) [Sup Ct NY County Aug. 15, 2018], dismissed a minority member’s claim for judicial dissolution of two family-owned, realty-holding LLCs under Section 702 of New York’s LLC Law. [read post]
31 Oct 2013, 10:22 am
Section 403 of NY LLC Law says that except as set forth in the operating agreement, LLC shall hold annual meetings. [read post]
5 Oct 2014, 2:18 pm
The minority LLC members were paid $150.00 per unit for their shares, which price was based on a formula in the LLC’s operating agreement. [read post]
