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3 Dec 2009, 4:00 am
However, with the right criminal defense attorney on your side, a strong defense can help you to retain your freedom. [read post]
2 Feb 2020, 7:05 am
It could involve, for example, a one-sided transaction favoring a controlling member or manager. [read post]
27 Aug 2018, 3:49 am
Justice Driscoll’s ruling concludes with invitations to both sides. [read post]
8 Jan 2018, 3:29 am
Defendant on Both Sides of Cash-Out Merger Fails to Win Dismissal of Minority Shareholder Suit Alleging Inadequate Consideration RAL Capital Ltd. v CheckM8, Inc., 2017 NY Slip Op 32000(U) [Sup Ct NY County Sept. 21, 2017]. [read post]
15 Jul 2019, 4:10 am
Case law development has been slow, as evidenced by the 16 years it took before an appellate court in the 1545 Ocean Avenue case construed the standard for judicial dissolution of LLCs under Section 702. [read post]
31 Jul 2011, 5:41 pm
The same passenger underwent surgery for his injuries, including a laceration from the back of his head to the right side of his ear. [read post]
27 Dec 2022, 4:24 am
Defendants, backed by a high-powered litigation team at Paul, Weiss, responded with a two-pronged argument: First, they argued that dissolution of Bull-Poet was improper because Antonia could not satisfy the requirements of LLC Law 702 and Matter of 1545 Ocean Ave., LLC, 72 AD3d 121, 131 (2d Dept 2010) (discussed here) that it is not reasonably practicable to carry on the business of the LLC. [read post]
24 Aug 2017, 6:37 am
”[5] The Second Department then explained that based on Matter of Dissolution of 1545 Ocean Avenue, LLC,[6] an LLC member seeking judicial dissolution of the LLC must demonstrate that either: (1) the management of the entity is unable or unwilling to promote the LLC’s stated purpose, or (2) continuing the entity is financially unfeasible. [read post]
14 Jun 2021, 4:32 am
The Supreme Court Reverses the Dissolution and Debt Recategorization Orders Both sides appealed to the Iowa Supreme Court. [read post]
2 Jul 2015, 2:36 pm
FERC has granted Venture Global Plaquemines LNG, LLC’s (Plaquemines LNG) request to begin pre-filing review for the proposed 2,800 MMcf/day liquefaction and export terminal to be located near river mile marker 55 on the west side of the Mississippi River, in Plaquemines Parish, La. [read post]
1 Oct 2012, 2:00 am
Equally powerful voices argue the other side of the issue. [read post]
5 Apr 2019, 12:31 pm
Petitioner owned a 43.5-acre parcel in the agricultural overlay district in Village of Sagaponack that faced the ocean on its southern side and fronted on a public highway to the north. [read post]
25 Apr 2016, 3:17 am
The latter ground, she observed in a footnote, is inapplicable as both sides agreed the company is profitable. [read post]
7 Nov 2011, 3:00 am
Justice Bucaria's decision first summarizes the standard for judicial dissolution of LLCs under §702 of the LLC Law, as construed by the Appellate Division, Second Department, in the 1545 Ocean Avenue case: [LLC Law] §702 provides that a court may decree judicial dissolution of a limited liability company whenever it is not reasonably practicable to carry on the business in conformity with the articles of organization or the… [read post]
10 Aug 2015, 3:28 am
Pikus contended that he and Goldstein were parties to an oral side agreement that effectively modified the Operating Agreement, and which allegedly had been honored since the LLC’s inception, conferring on Pikus authority over the building’s day-to-day operations and guaranteeing him certain management fees. [read post]
26 Apr 2021, 3:19 am
One of them is 1704 Ocean Avenue LLC in which Mr. [read post]
25 Aug 2014, 3:31 am
Whelan, in Flax v Shirian, 2014 NY Slip Op 51229(U) [Sup Ct, Suffolk County Aug. 15, 2014], the court mercifully decreed death for a hopelessly dysfunctional, multi-member real estate holding company identified by one side as 27th Street Associates, LLC, by the other side as 27th Street, LLC, and in the property deeds and records of the New York Department of State, as 27 Street LLC. [read post]
1 Jun 2015, 3:27 am
At this point, neither side has adequately demonstrated whether the management of [the LLC] is unable or unwilling to reasonably permit its stated purpose to be realized or whether continuing to operate [the LLC] is financially feasible. [read post]
5 Jun 2011, 3:46 pm
Ocean Health, Inc., No. 4D10-4887. [read post]
6 May 2013, 6:44 am
The Third District’s opinion in Aventura Management, LLC v. [read post]