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4 May 2024, 7:00 am
In a recent case, husband owned a minority interest in the business (about 40%) but the operating agreements named him as the irrevocable managing member of the LLC (limited liability company) and indicated that he would receive 60% of the first $10 million in proceeds if it was sold. [read post]
2 May 2024, 1:20 pm
In the context of LLC members, the Illinois Limited Liability Company Act (805 ILCS 180/35-1) provides for the dissolution of the company upon the application by a member or transferee of a distributional interest, upon entry of a judicial decree that the managers or those members in control of the company have acted or are acting in a manner that is oppressive and was, is, or will be directly harmful to the applican]. [read post]
30 Apr 2024, 7:58 am
It aims to prevent abuse of Chapter 7 bankruptcy by ensuring that only those who genuinely need the debt relief it offers can access it.By setting income limits based on the median household income in each state, the Means Test establishes a threshold beyond which an individual may be required to file for Chapter 13 bankruptcy instead. [1] Gather Information About Your Finances When filing for Chapter 7 bankruptcy in… [read post]
29 Apr 2024, 7:49 am
Recitals 10 and 14). [read post]
22 Apr 2024, 1:11 pm
The risk of IPO-related litigation is not limited to the issuing company either. [read post]
22 Apr 2024, 5:00 am
” Slip op. at 10 (emphasis in original).[10] In discerning the scope of a public official’s authority communicate on particular matters, the Court turned to section 1983, identifying “statute, ordinance, regulation, custom, or usage” as the “potential sources of such power. [read post]
22 Apr 2024, 1:18 am
I drove the speed limit. [read post]
19 Apr 2024, 9:27 am
A qualifying venture capital fund is a venture capital fund which, by virtue of its being under the applicable dollar threshold in aggregate capital contributions and uncalled committed capital, is exempted from the 100 beneficial owner limitation of Section 3(c)(1) of the Investment Company Act of 1940, as amended, and may instead raise capital from up to 250 beneficial owners. [read post]
18 Apr 2024, 7:20 am
Now, supplemental financial assurance is only required where no co-lessee has an investment grade issuer or proxy credit rating, or if the ratio of the value of the lease’s proved reserves to decommissioning liabilities associated with those reserves is not greater than or equal to 3-to-1. [read post]
18 Apr 2024, 6:36 am
Does the driver know the alert means a bicycle is approaching? [read post]
16 Apr 2024, 8:42 am
The Protocol does not include any efficacy or safety data, nor does it mention the claimed 1,650 mg/day dose or thrice-daily dosing. [read post]
14 Apr 2024, 9:05 pm
But the fate of the securities marketplace does not depend on adopting the SEC’s new theory of “shadow trading. [read post]
13 Apr 2024, 3:33 pm
The FDA’s actions led the drug companies voluntarily to withdraw PPA-containing products. [read post]
9 Apr 2024, 2:41 pm
(Referee Hearing), 10/29/2015, at 6. [read post]
3 Apr 2024, 9:03 pm
“That permission was very limited. [read post]
3 Apr 2024, 12:44 pm
Hartford Casualty Insurance Company v. [read post]
1 Apr 2024, 11:41 am
A Certificate of Insurance listing all of the community association’s current insurance policies, issuing companies, policy numbers, coverage limits, and effective dates. [read post]
27 Mar 2024, 3:39 pm
Yet, it does not justify an interpretation of the Constitution that tolerates let alone sustains corporate infringement of individual rights and encroachment on governmental powers. [read post]
25 Mar 2024, 12:16 pm
Read More: What Is the Statute of Limitations for Filing a Truck Accident Lawsuit? [read post]
24 Mar 2024, 5:30 am
Large cap companies (market cap over $10 billion) were only a small percentage (15%) of all companies that have adopted proposals. [read post]
