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23 Oct 2023, 4:44 am
” The official commentary to Section 701(b) notes that “[i]n the close corporation context, many courts have reached this positionwithout express statutory authority, most often with regard to court-ordered buyouts of oppressed shareholders. [read post]
8 May 2023, 4:01 am
The basic approach to the determination of fair value is the same: While neither statute defines “fair value,” almost 30 years ago New York’s highest court, in Friedman v Beway Realty, declared “there is no difference in analysis between stock fair value determinations under Business Corporation Law § 623, and fair value determinations under Business Corporation Law § 1118. [read post]
13 Feb 2023, 4:55 am
In the words of Suffolk County Commercial Division Justice Elizabeth H. [read post]
19 Dec 2019, 4:50 am
David alleged that he was a 31% shareholder of five closely held corporations and that Wenger, the 69% shareholder of the corporations, was guilty of oppressive actions toward David and had looted, wasted, or diverted corporate assets for noncorporate purposes. [read post]
20 Feb 2019, 2:13 pm
B. 1963MichiganConstitutionandSubsequent Court Rules The 1963 Constitution deleted the provision that a jury would have the right to review “the necessity for using such property” that existed in the prior constitutions. [read post]
11 Nov 2018, 4:03 pm
THE TEXAS BLUE WAVE AND STUDENT LOAN DEBTORS IN COURT All of the eighteen sitting Houston court of appeals justices are Republicans. [read post]
5 Nov 2018, 3:21 am
The most recent word on the subject comes from Suffolk County Commercial Division Justice Elizabeth H. [read post]
27 Aug 2018, 3:41 pm
Donald Uderitz, who bought the Trust certificates (and the right to receive residuals, if any) at fire sale prices when the First Marblehead Corporation decided to extricate itself from the National Collegiate private student loan scheme that it had orchestrated and derived huge profits from in the form of up-front fees at the point of securitization.In Savoy, Justice Brown cites himself as legal authority. [read post]
26 Jul 2018, 8:00 am
By Charlie B. [read post]
9 Apr 2018, 12:59 pm
(U.S.S.C., Feb. 21, 2018, Digital Realty Trust, Inc. v. [read post]
1 Oct 2017, 4:24 pm
S-K is an actionable omission under Section 10(b) and Rule 10b-5. [read post]
6 Feb 2017, 3:26 am
The court also relied on Real Property Law § 441-b and 19 NYCRR 175.22 which prohibit a licensed real estate salesman such as the plaintiff from owning an interest in a realty brokerage organized as a corporation, LLC, or partnership. [read post]
14 Nov 2016, 3:18 am
In New York, they are organized as unincorporated associations governed by the Condominium Act codified in Article 9-B of the Real Property Law. [read post]
11 Apr 2016, 3:24 am
Some Additional Thoughts Unlike the rules governing corporations, the “pick your partner” principle is given full force in LLC statutory and case law. [read post]
11 Apr 2016, 3:24 am
Some Additional Thoughts Unlike the rules governing corporations, the “pick your partner” principle is given full force in LLC statutory and case law. [read post]
30 Nov 2013, 4:06 pm
B., and P. [read post]
14 Oct 2013, 3:32 am
Schweitzer examined a disputed LLC freeze-out merger involving a realty management company. [read post]
26 Jun 2012, 5:00 am
Duberstein sits on the boards of Dell Inc.; The Boeing Company; Mack-Cali Realty Corporation; and The Travelers Companies, Inc. [read post]
21 Jun 2012, 11:46 am
Conopco, Inc. d/b/a Unilever (as successor to CPC/Bestfoods, former parent of the Penick Corporation (facility located at 540 New York Avenue, Lyndhurst, NJ)) 13. [read post]
5 Jan 2012, 9:27 am
Estimated taxes for large corporations. [read post]
