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7 Feb 2023, 12:09 pm
Oftentimes the LLC Operating Agreement will include a provision detailing how Members should come to a decision on whether to cancel the LLC. [read post]
28 Jul 2008, 11:30 am
The Brokers appealed the decision. [read post]
7 Feb 2011, 3:00 am
It, too, is a real estate development venture using an LLC owned 50% by one member and 25% each by the two opposing members. [read post]
17 Apr 2024, 11:00 pm
And, apparently, there were “issues of fact” in that regard.They sure labored over that.# # #DECISIONS. v 340 W. 12 Realty LLC [read post]
20 Apr 2020, 4:10 am
The two decisions examined below are different. [read post]
16 Apr 2018, 3:46 am
That is just one lesson from a recent decision by Manhattan Commercial Division Justice Saliann Scarpulla in Pappas v 38-40 LLC, 2018 NY Slip Op 30329(U) [Sup Ct NY County Feb. 22, 2018]). [read post]
10 Dec 2018, 3:08 am
With one exception, Justice Schechter accepted none of them. [read post]
6 Apr 2020, 12:41 am
The Decision Subject Matter Jurisdiction. [read post]
7 Feb 2023, 7:00 am
One of these scandals resulted in the firm’s $415 million settlement with the SEC in 2016. [read post]
13 May 2011, 2:20 pm
Chapter 11: Mortgages Buying a home is one of the biggest financial and emotional decisions you will ever make. [read post]
5 Nov 2012, 1:24 pm
The plaintiffs were employed by Quicken Loans as mortgage bankers. [read post]
1 Oct 2014, 7:30 pm
GMAC Mortgage, LLC, 735 F.3d 1263 (11th Cir. 2012) in which the Court held that it was bound by the "prior panel precedent" rule to apply its prior decision in Folendore v. [read post]
7 May 2018, 3:28 am
Only one problem with the Amendment: it never was signed. [read post]
29 Mar 2019, 9:18 am
Managing LLC Profit Distributions LLCs are formed usually for one reason: to make money. [read post]
7 May 2021, 1:14 pm
Managing LLC Profit Distributions LLCs are formed usually for one reason: to make money. [read post]
2 Jun 2015, 8:55 am
One of Sanabria’s preferred customers was Israel Hechter, the owner of San Diego-based mortgage investment firms Ocean 18, LLC, and Note Tracker Corporation. [read post]
15 Apr 2013, 3:40 am
Since a dissolution lawsuit involving an LLC can be brought either by petition in a special proceeding or by complaint in a plenary action with the usual rights to discovery (read here), the decision to use one or the other should take into account the need to get disclosure in order to withstand anticipated challenges to the complainant’s standing as a member and other threshold issues. [read post]
20 Feb 2009, 6:29 am
They remained personally liable on the mortgage as guarantors but were not otherwise able to disentangle themselves from their "now unwanted" business arrangement via their LLC. [read post]
8 Jun 2009, 4:30 am
Second, citing the Delaware Chancery Court's 2008 decision in Seneca Investments LLC v. [read post]
22 Feb 2021, 4:11 am
This year’s synopses feature three noteworthy decisions by New York courts and one from Iowa: dismissing a rare deadlock dissolution petition involving a not-for-profit corporation; dismissing a petition to dissolve a limited liability company after the company and one of its two 50% members were indicted for tax fraud; dismissing claims for breach of fiduciary duty surrounding the break-up of a law firm; and affirming a post-trial decision dismissing claims… [read post]