Search for: "FAIR COMPANIES, LLC"
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30 May 2017, 3:03 pm
Energy ventures often begin with the formation of a limited liability company (LLC). [read post]
12 Jun 2023, 2:27 am
Over its three-decade rise to the closely-held business entity of choice, the Limited Liability Company has won a special place in our hearts. [read post]
23 Feb 2015, 3:19 am
It is true that in determining the fair value of a limited liability company, as with a close corporation, the illiquidity of the membership interests should be taken into account. [read post]
21 Feb 2018, 6:00 am
The Delaware Limited Liability Company Act’s policy is to give the maximum effect to the principle of freedom of contract in LLC operating agreements. [read post]
6 Jun 2012, 7:53 am
See Royal Capital Development LLC v. [read post]
7 Jul 2014, 6:07 am
(“Universata”) by HealthPort Technologies, LLC (“HealthPort”), held that the failure to obtain a fairness opinion in connection with the acquisition did not rise to the level of bad faith on the part of the board of directors of Universata (the “Board”) and did not support an aiding and abetting claim against the Board’s financial advisor. [read post]
21 Aug 2017, 3:33 am
The typical, broad purpose clause found in untold thousands of standardized and customized LLC agreements provides that the LLC’s purpose is “any lawful business,” mirroring Section 201 of the LLC Law (“A limited liability company may be formed under this chapter for any lawful business purpose or purposes”). [read post]
21 Aug 2017, 3:33 am
The typical, broad purpose clause found in untold thousands of standardized and customized LLC agreements provides that the LLC’s purpose is “any lawful business,” mirroring Section 201 of the LLC Law (“A limited liability company may be formed under this chapter for any lawful business purpose or purposes”). [read post]
1 Oct 2012, 2:00 am
I want to write about neighboring New Jersey’s recent adoption of the Revised Uniform Limited Liability Company Act and, in particular, the changes to its LLC dissolution provisions, but first some background: Between 1988, when the IRS recognized partnership tax classification for limited liability companies formed under Wyoming’s pioneering LLC statute, and the mid-1990s, all 50 states adopted enabling statutes for LLCs. [read post]
11 Sep 2021, 8:16 am
Ostensibly forced out of the business he helped found, Peter sued Anthony and Zachary in Brooklyn Supreme Court alleging claims five claims: (i) a declaratory judgment that Section 10.1 of the Operating Agreement prohibited amendment without unanimity of the Class A members, (ii) breach of the Operating Agreement, (iii) breach of the implied covenant of good faith and fair dealing, (iv) violation of Section 409 of the Limited Liability Company Law requiring LLC mangers to… [read post]
28 Aug 2014, 1:11 pm
Griesa from the Southern District of New York (SDNY) dismissed the copyright and trademark infringement complaint of Plaintiff Arrow Productions against Defendants The Weinstein Company LLC, the producers of the movie Lovelace. [read post]
23 Jan 2014, 12:52 pm
The dissolution of a limited liability company (LLC) can be just as complicated and messy as a divorce. [read post]
23 Jan 2014, 12:52 pm
The dissolution of a limited liability company (LLC) can be just as complicated and messy as a divorce. [read post]
23 Jan 2014, 12:52 pm
The dissolution of a limited liability company (LLC) can be just as complicated and messy as a divorce. [read post]
8 Jan 2018, 3:29 am
Justice Bransten found that the defendant failed to carry his burden in opposing dismissal to show that the transaction satisfied both prongs of the “entire fairness” test under Delaware law, i.e., fair dealing and fair price. [read post]
9 Nov 2014, 2:52 pm
Every LLC operating agreement should specify under what scenarios the company can dissolve. [read post]
4 May 2020, 12:16 am
” The Operating Agreement Shatz involves a dispute between co-members of a New York limited liability company called Vast Ventures VI LLC. [read post]
6 Apr 2010, 10:32 am
Now that the cat is out of the bag about the reasons for structured settlement servicing, 4structures.com, LLC is compiling a list of structured servicing companies and their telephone numbers so that annuitants can have their questions answered. [read post]
7 Mar 2019, 1:56 pm
Companies such as Cach LLC often use fear to coerce people into paying. [read post]
22 Dec 2020, 6:40 am
The CFPB and the Arkansas Attorney General announced that they filed a proposed stipulated judgment and order settling their Fair Credit Reporting Act (FCRA) and Consumer Financial Protection Act of 2010 (CFPA) claims against Alder Holdings, LLC, a home-alarm company that extends closed-end credit to its customers by providing them the right to defer payment for Alder’s alarm and security-system equipment over the life of a long-term contract. [read post]
