Search for: "Buy Direct, LLC"
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2 May 2016, 3:09 am
The plaintiff brought suit seeking a declaration that he is a member of the LLC and access to its books and records, and also demanding either dissolution or a compelled buy-out of his one-third membership interest. [read post]
21 Mar 2016, 3:28 am
” Justice Emerson didn’t buy the argument by a long shot, pointing out initially that, under the January 2004 Amended Operating Agreement, no member could voluntarily withdraw for two years, i.e., before January 2006. [read post]
4 Dec 2023, 4:58 am
The LOI stated that the operating agreement would include membership interest transfer restrictions and buy-sell provisions including forcing Flor to buy GF’s interest at the end of the two-year start-up period, or to sell her interest to GF if GF terminated her employment. [read post]
18 Jan 2021, 2:11 am
In early 2015, the first of two private equity firms gave a letter of intent to buy LMEG for a little over $100 million, which Farro refused to sign. [read post]
16 Nov 2013, 4:44 pm
Shortly after they formed the LLC, significant business disputes arose among the members, and one of the LLC members, Tzolis, offered to buy out the other two for 20 times what they had contributed to the LLC only a year earlier. [read post]
3 Apr 2017, 3:32 am
He also names Generic LLC as defendant, either on a direct claim for monies owed him by the LLC and/or because he’s asserting derivative claims on its behalf. [read post]
11 Aug 2014, 3:32 am
In opposition, the estate’s executor argued that his complaint included both direct and derivative claims, and that he had standing to assert derivative claims under Tzolis v Wolff, 10 NY3d 100 [2008], in which New York’s highest court recognized a common-law right of LLC members to bring derivative actions. [read post]
9 Aug 2010, 4:00 am
Sassower's buy-out. [read post]
12 May 2008, 4:30 am
Alternatively, Berle sought an order dissolving the LLC pursuant to Section 702 of the LLC Law. [read post]
26 May 2021, 8:42 am
Nelson, J.D.The SEC’s Division of Trading and Markets, pursuant to delegated authority from the Commission, recently approved a proposal submitted by The Nasdaq Stock Market LLC to permit the exchange to allow companies to conduct primary direct listings. [read post]
23 Apr 2012, 3:00 am
That pretty much sums up the lesson to be learned from an appellate opinion handed down last month in Matter of Grande' Vie, LLC, 2012 NY Slip Op 02190 (4th Dept Mar. 23, 2012), in which a majority of the court, with one judge dissenting, ordered arbitration over an appraisal for the buy-out of a deceased LLC member's interest notwithstanding language in the buy-sell provision stating that the appraisal "shall be binding." [read post]
14 Jan 2019, 1:30 am
You can see what direction this is going. [read post]
11 Sep 2018, 1:33 pm
Tomahawk Exploration LLC offered and distributed digital assets in the form of tokens called “Tomahawkcoins,” or “TOM tokens” through an initial coin offering (“ICO”). [read post]
30 Aug 2010, 2:07 pm
It appears that AIG has taken a step in the right direction. [read post]
27 Sep 2010, 1:38 pm
UPA (1997) thus does not allow a personal creditor of a partner direct access to partnership assets. [read post]
12 Jun 2023, 12:22 pm
Case citation: Oceanside Health Products LLC v. [read post]
18 Dec 2009, 6:15 am
It can also create procedures for the departure of LLC members, or the addition of new members, and the valuation of the LLC for purposes of buy-in or buy-out. [read post]
30 Jun 2011, 11:17 am
Eros, LLC et al v. [read post]
25 Aug 2014, 3:31 am
Eight years later, amidst a red-hot real estate market, nothing’s been built, there are two pending lawsuits among the members, one of the two, defined membership groups in the LLC itself has fallen into disarray, and all attempts at buy-out have failed. [read post]
MIAMI BUSINESS LITIGATION: SPECIAL DUTY EXCEPTION TO FLORIDA’S TEST FOR ESTABLISHING DIRECT STANDING
27 Jul 2022, 2:20 pm
” Dinuro Investments, LLC v. [read post]
