Search for: "Express Commercial Capital LLC"
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29 Sep 2010, 5:00 am
The LLCs intended to build hotels, condos, recreational areas, and commercial facilities to attract tourism. [read post]
5 Aug 2019, 5:00 pm
In Matter of Raharney Capital, LLC v. [read post]
13 Oct 2019, 11:14 pm
Most LLC agreements that I encounter utilize fixed membership interests expressed either as a percentage or by number of units. [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]
30 Sep 2021, 5:00 pm
Twin Bridges Waste & Recycling, LLC,[1] Justice Platkin of the Albany County Commercial Division Court considered plaintiffs’ (County Waste and Recycling Service, Inc. [read post]
18 Feb 2020, 6:02 am
Specifically, the allegation was that they hadn’t made required capital contributions, a claim they denied. [read post]
17 Jul 2022, 10:38 pm
Therefore, requiring the members to exercise their consent right in good faith does not negate express provisions of the agreements. [read post]
23 Apr 2018, 3:41 am
On the other hand, the court in R&R Capital also deemed important that waiver of the right to seek dissolution “would not leave an LLC member inequitably remediless” which, at least arguably, would not be the case with an express waiver of the right to bring derivative claims on the LLC’s behalf. [read post]
28 Mar 2021, 5:00 pm
The transaction would allow the Company to become a public company that would be owned by existing FPAC and Global Blue shareholders as well as investors such as defendants Suvretta Capital Management, LLC and Toms Capital Investment Management LP who made investments through a mechanism known as “private investments in public equity” or “PIPE. [read post]
8 Jan 2018, 3:29 am
” In that regard, the decision aligns with Justice Stephen Bucaria’s holding in Matter of Youngwall, that even an express waiver of the right to seek judicial dissolution of an LLC is void as against public policy. [read post]
19 Feb 2018, 3:22 am
In the meantime, Plotkin paid significant debts of the LLC, made additional capital contributions, and grew the business. [read post]
12 Aug 2010, 4:06 am
JER Snowmass LLC, C.A. [read post]
29 Aug 2018, 6:06 pm
Agency Costs of Agency Capitalism and Shareholder Voting The Delaware Supreme Court said in Crown Emak Partners, LLC v. [read post]
21 Aug 2017, 3:33 am
In a Decision and Order dated May 23, 2016 (read here), the presiding judge, Westchester Commercial Division Justice Alan D. [read post]
21 Aug 2017, 3:33 am
In a Decision and Order dated May 23, 2016 (read here), the presiding judge, Westchester Commercial Division Justice Alan D. [read post]
20 Sep 2021, 3:41 am
Moreover, plaintiffs’ emails from the time of the capital calls express surprise that MDC required additional capital from them, despite defendant’s participation in the ongoing buyout negotiations, and do not reflect any intent to waive the notice requirement. [read post]
20 Apr 2020, 4:10 am
Meanwhile, Faction #1 discovered potential commercial pier rights associated with the property and, after Faction #2 expressed disinterest in pursuing them, in 2012 Faction #1 purported to enter into an Assignment of Pier Rights by the LLC to one of the two members of Faction #1 for consideration in the amount of $10. [read post]
4 May 2020, 12:16 am
The Lower Court’s Ruling The case was assigned to Manhattan Commercial Division Justice Jennifer G. [read post]
12 Jul 2012, 2:00 am
” In Auriga Capital Corp. v. [read post]
12 Jul 2012, 2:00 am
.” In Auriga Capital Corp. v. [read post]