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2 Feb 2020, 7:05 am by Jay R. McDaniel, Esq.
Courts May Order Expulsion of LLC Member These status-based criteria for dissociation generate less controversy than the cases involving the bad behavior of members. [read post]
15 Nov 2022, 9:24 am by J. Ross Pepper
In some instances, a third party may be able to hold an LLC member personally liable for a contractual obligation that was meant, at least by the LLC member, to be only a contractual obligation of the LLC. [read post]
5 Mar 2019, 6:54 am by InvestorLawyers
As previously reported, both the SEC and FINRA have reportedly commenced investigations into GPB Capital Holdings, LLC (“GPB”). [read post]
21 Apr 2021, 9:37 am by The White Law Group
GPB Holdings II LP is a private placement fund sponsored by GPB Capital Holdings, LLC, a New York-based global asset management firm. [read post]
The Waco Division of the US District Court for the Western District of Texas on Wednesday held that Google did not infringe a digital photo frame patent owned by the Texas-based Profectus Technology LLC (“Profectus”). [read post]
19 Feb 2018, 3:22 am by Franklin C. McRoberts
Where members of an LLC did not bargain for buyout rights in an operating agreement,  courts arguably ought not supply such rights based upon notions of equity. [read post]
11 Jun 2012, 6:50 am
Allied Holdings, Inc. and related entities , based in Decatur, Georgia, filed Chapter 11 petitions in the Northern District of Georgia on  July 31, 2005 (Ch. 11 Case No. 05-12515). [read post]
The attorneys at Eccleston Law have launched an investigation of the Northbrook, Illinois-based Nutmeg Group, LLC relating to its alleged misappropriation of over $4 million in investor funds, along with what is believed to have been an improper comingling of investor assets. [read post]
15 Apr 2008, 10:38 am
The first holding was based on an unreported opinion in the Court's earlier Disney litigation which had held that “‘in this Court, witnesses do not opine on Delaware corporate law. [read post]
7 Feb 2011, 11:22 am by Larry Ribstein
  The case holds that where the operating agreement provided that the “prime intent of the members, initially, is to implement the Joint Venture Agreement. [read post]
7 Nov 2011, 9:32 pm
But last week, the holder of the loan on the property, LNR Partners LLC of Miami, foreclosed on the site. [read post]
17 Jan 2023, 12:10 pm by Daily Record Staff
Maryland-based Harbor Link Holdings LLC announced its new role in Harbor Peak Network Solutions LLC, a telecommunications infrastructure venture in northern Virginia. [read post]
16 Apr 2021, 5:18 am by The White Law Group
Senior Care Centers LLC, a Dallas-based skilled nursing provider, reportedly operates and manages more than 100 skilled nursing and assisted/independent living communities in Texas and Louisiana, according to reports. [read post]
23 Apr 2017, 10:14 am by Francis Pileggi
Key Legal Principles The most noteworthy aspect of this decision is the court’s holding that a creditor has no standing to bring derivative claims on behalf of an LLC for breach of fiduciary duty, based primarily on Section 18-1002 of the Delaware LLC Act. [read post]
22 May 2015, 12:01 pm by Adam Nicolazzo
DePalo is alleged to have misappropriated millions from foreign investors in a holding company called Pangaea Trading Partners LLC. [read post]
19 Aug 2020, 11:21 am by Daily Record Staff
Annapolis-based Hannon Armstrong Sustainable Infrastructure Capital Inc., an investor in climate change solutions, Wednesday announced it has upsized and priced its private offering of $375 million in aggregate principal amount of 3.75% senior unsecured notes due 2030 by its indirect subsidiaries, HAT Holdings I LLC and HAT Holdings II LLC. [read post]
1 Apr 2021, 7:10 am by The White Law Group
Newstream Hotel Partners – IAH LLC, a commercial real estate entity based in Roanoke, Texas, filed a form D to raise capital from investors in 2019. [read post]