Search for: "Focus Receivables Management, LLC"
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27 Jan 2023, 10:10 am
Key Differences between Member Managed and Manager Managed LLCs The differences between member managed and manager managed LLCs are nuanced and generally focus on three critical areas: (i) agency, (ii) voting, and (iii) liability. [read post]
27 Jan 2023, 10:10 am
Key Differences between Member Managed and Manager Managed LLCs The differences between member managed and manager managed LLCs are nuanced and generally focus on three critical areas: (i) agency, (ii) voting, and (iii) liability. [read post]
4 May 2020, 12:16 am
” The next sentence, upon which the subsequent litigation focused, states: The LLC may invest in as many such private equity funds as the Managing Member elects in its sole and absolute discretion; provided, however, that no investments shall be made in funds or other accounts in which the Managing Member has an ownership interest outside of the LLC or in which the Managing Member receives any sort of management fee (however… [read post]
17 Aug 2020, 9:39 am
Vida Capital Management, LLC describes its strategy as having, “a predominant focus on longevity-contingent risk,” and purportedly relies on a contractual relationship with Magna Life Settlements (a “top-ranked life settlement provider”) to receive, “a proprietary deal flow of consistent investment opportunities. [read post]
19 Apr 2023, 7:46 am
Why Form an LLC Reason #3) Flexible Management: LLCs allow for flexible management structures. [read post]
24 Jan 2019, 5:41 am
Signet LLC Principals have disclosed that as a part of the transaction they have received a minority interest in the acquiring entity, HaystackID. [read post]
16 Jul 2021, 6:25 am
Specifically, they must be: A Virginia resident; or,A corporation that is authorized to do business in Virginia.If you choose to appoint a Virginia resident as your LLC’s agent, they must be: A member or manager of your LLC;A member or manager of an LLC that is a member or manager of your LLC;A general partner of a general or limited partnership that is a member or manager of your LLC;A trustee of a trust… [read post]
16 Jul 2021, 6:25 am
Specifically, they must be: A Virginia resident; or,A corporation that is authorized to do business in Virginia.If you choose to appoint a Virginia resident as your LLC’s agent, they must be: A member or manager of your LLC;A member or manager of an LLC that is a member or manager of your LLC;A general partner of a general or limited partnership that is a member or manager of your LLC;A trustee of a trust… [read post]
2 Feb 2021, 1:38 pm
Many business owners are eager to move on from the mechanical process of business formation and focus on the next steps. [read post]
4 Nov 2014, 5:54 pm
While their name may not show up on any paperwork you receive, they are still an attorney who can obtain a judgment against you on behalf of their debt collection firm. [read post]
13 Sep 2023, 12:39 pm
Types of LLCs There are eight different types of LLCs:3 Domestic LLCs operate in the same state they were registered in Foreign LLCs operate in a different state than the one they were registered in Series LLCs own and operate one or more LLCs Nonprofit LLCs focus on purpose rather than profit Low-Profit LLCs are also purpose-driven, but retain & distribute small amounts of profit Anonymous… [read post]
21 Aug 2017, 3:33 am
The plaintiff contributed 20% of the purchase price and received a 20% membership interest in Pedani. [read post]
21 Aug 2017, 3:33 am
The plaintiff contributed 20% of the purchase price and received a 20% membership interest in Pedani. [read post]
19 Nov 2018, 3:46 am
As pertains to LLCs, the only choices are “LLC member-manager” or “other LLC member. [read post]
20 Nov 2017, 2:13 am
The court in Lotton then proceeded to locate an LLC manager’s duty to an assignee in the section of Minnesota’s LLC Act, analogous to § 409 of New York’s LLC Law, setting forth a general standard of care for anyone acting as a manager of an LLC, which the court construed as “imposing upon the manager a fiduciary duty to anyone with a membership and/or financial interest in the company. [read post]
13 Mar 2023, 4:33 am
Default management rights in a New York LLC are greater, but also much . . . murkier. [read post]
23 Oct 2023, 4:44 am
There is no rule that business partners have to like each other, and with a singular focus and paying tenant, [the realty LLC] is meeting the economic purpose for which it was established. [read post]
28 Dec 2013, 4:25 pm
Claimants who have such UEF claims, and all parties of interest, including health care providers and legal representatives, will receive individual written notice of the change in claim administrator.The Workers’ Compensation Board said the transition of claim management should have no impact on claimants receiving workers’ comp benefits. [read post]
26 Sep 2012, 11:58 am
One of the most frequent questions I receive from law firm leaders today is "how should I manage this new generation? [read post]
30 Oct 2017, 4:29 am
The focus is on the operating agreement, and whether the company can function as intended in accordance with the LLC’s stated purpose. [read post]
