Search for: "FAIR COMPANIES, LLC"
Results 21 - 40
of 3,913
Sorted by Relevance
|
Sort by Date
19 Nov 2018, 11:01 am
A marijuana testing facility recently argued that the federal ban on marijuana allowed the company to escape obligations under the Fair Labor Standards Act (FLSA). [read post]
27 Jan 2020, 3:58 am
The Point 128 LLC v Choi, decided earlier this month by Manhattan Commercial Division Justice Andrea Masley, did not involve a formal withdrawal notice and demand for payment of fair value as in Jacobs. [read post]
7 Aug 2017, 9:49 am
The New Jersey Revised Uniform Limited Liability Company Act (the “Revised LLC Act”) took effect on March 18, 2013 for LLCs formed on or after that date and on April 1, 2014 for all other New Jersey LLCs. [read post]
7 Aug 2017, 9:49 am
The New Jersey Revised Uniform Limited Liability Company Act (the “Revised LLC Act”) took effect on March 18, 2013 for LLCs formed on or after that date and on April 1, 2014 for all other New Jersey LLCs. [read post]
7 Aug 2017, 9:49 am
The New Jersey Revised Uniform Limited Liability Company Act (the “Revised LLC Act”) took effect on March 18, 2013 for LLCs formed on or after that date and on April 1, 2014 for all other New Jersey LLCs. [read post]
16 May 2023, 6:55 am
Court Rejects Fair Dealings Standard in Oppression Cases The court rejects the standard based on “fair dealings,” which considers misconduct in reference to the normal behaviors of ordinary business conduct, specifically looking at whether the conduct Is burdensome, harsh and wrongful; shows a absence of probity and fair dealing in the affairs of a company to the prejudice of some of its members; is a visible departure from the standards of… [read post]
14 Jan 2020, 9:21 am
The Revised Act only permits courts to order a fair value buyout if a member establishes those in control of the company have acted in a way that is illegal, fraudulent, or oppressive. [read post]
27 Jan 2023, 11:04 am
According to Section 605.0706, Florida Statutes, in a proceeding initiated by a member of a LLC for judicial dissolution, the company may elect, or, if it fails to elect, one or more other members may elect, to purchase the entire interest of the petitioner in the company at the fair value of the interest. [read post]
27 Jan 2023, 11:04 am
According to Section 605.0706, Florida Statutes, in a proceeding initiated by a member of a LLC for judicial dissolution, the company may elect, or, if it fails to elect, one or more other members may elect, to purchase the entire interest of the petitioner in the company at the fair value of the interest. [read post]
26 Apr 2022, 8:50 am
Only the basic contractual duty of good faith and fair dealing cannot be waived. [read post]
20 Oct 2011, 7:56 pm
Fair Oaks Dairy Products LLC is recalling about 20 pounds of Fair Oaks Royal Blue Cheese sold to consumers in Indiana, Illinois, Michigan and Ohio. [read post]
4 Jan 2016, 6:10 am
The LLC agreement provides that, upon exercise of the Put Right, the Company must retain a nationally recognized valuation firm to determine the fair market value of the preferred units in accordance with a specified formula, and that the Company must repurchase the preferred units for the determined value. [read post]
20 Sep 2023, 9:03 am
Gerard, the Illinois Supreme Court addressed the issue of “squeeze-outs” in limited liability companies (LLCs). [read post]
9 Feb 2021, 7:53 am
If the transaction was fair to the company, then there is no violation of this duty. [read post]
1 Nov 2021, 2:57 am
First, it presumed that “when the Legislature used the term ‘fair market value’ in the Act, rather than ‘fair value’ from section 2000, it intended to change that standard of valuation for LLC dissolutions. [read post]
30 Dec 2017, 6:12 pm
That is not to say that LLCs cannot be properly used for asset protection purposes under the correct circumstances, but once an LLC has incurred liability, transferring assets to another company or to the owners, especially if the LLC does not receive fair market value in exchange for the assets, will likely result in the company’s veil being pierced to enable its creditors to reach at least the transferred assets and perhaps the other… [read post]
30 Dec 2017, 6:12 pm
That is not to say that LLCs cannot be properly used for asset protection purposes under the correct circumstances, but once an LLC has incurred liability, transferring assets to another company or to the owners, especially if the LLC does not receive fair market value in exchange for the assets, will likely result in the company’s veil being pierced to enable its creditors to reach at least the transferred assets and perhaps the other… [read post]
25 Jan 2019, 9:21 am
Many banks believe that collecting debt themselves would cost them more than to utilize a company such as Calvary SPV I LLC. [read post]
20 Jan 2023, 10:43 am
The operations of an LLC can sometimes be halted if an agreement cannot be reached by members holding sufficient authority to take certain company action. [read post]
13 Feb 2013, 10:57 am
Previously, a member was entitled to resign and have his interest purchased by the LLC for fair market value. [read post]
