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16 Feb 2018, 1:59 pm
When you've got (1) a majority opinion written by a hard core conservative, (2) over the dissent of a liberal judge, (3) with the swing vote provided by a district court judge sitting by designation, (4) that creates an express circuit split, (5) in a labor law case, (6) in which the Department of Labor appears as amicus curiae for the losing party, don't be surprised if the Ninth Circuit takes that panel opinion en banc.Which is precisely what transpires today.I'm… [read post]
1 Aug 2016, 3:23 am
Notice that neither of them contain any explicit reference to voting rights or the admission of MFB Realty as a member of the LLC. [read post]
25 Apr 2012, 4:43 pm
Olszewski, LLC on Facebook. [read post]
20 Nov 2017, 2:13 am
As the Professor’s article explains, the bedrock “pick your partner” principle of partnership law found expression in the default rules of LLC statutes which, contrary to traditional corporation laws, require majority (or unanimous) consent of the other LLC members for an assignee to become a full-fledged member with both economic and voting/management rights. [read post]
31 Mar 2023, 10:32 am
For limited liability companies (LLCs), the BEA has specified that the percentage of voting interest is not based on the percentage of ownership in the LLC’s equity. [read post]
8 Dec 2008, 12:00 pm
Anastasios Manitaras held either a 49.74% or 49.89% membership interest (the parties disagreed as to the precise figure) and a group of seven individuals collectively held the remaining majority interest. [read post]
16 Feb 2009, 4:00 am
In Tzolis, by a vote of 4-3, the Court of Appeals ruled that the legislature's deliberate omission from the LLC Law of proposed language authorizing derivative actions by LLC members did not preclude the courts from finding a right to bring derivative claims under common law. [read post]
28 Oct 2009, 5:22 am
Check the Hemi Group, LLC v. [read post]
12 May 2017, 6:52 am
Related posts:Streamlining of Blue Sky Filings Series LLCs Congress Acts on Forward Incorporation by Reference [read post]
26 Mar 2020, 4:00 am
In Citizens of Humanity, LLC v. [read post]
20 Apr 2011, 11:55 am
According to the Notice of Investigation, the ITC has identified the following as respondents in this investigation: Barnes & Noble, Inc. of New York, New York barnesandnoble.com LLC of New York, New York Hon Hai Precision Industry Co., Ltd. of Taiwan Foxconn Electronics, Inc. of Taiwan Foxconn Precision Component (Shenzhen) Co. [read post]
14 Nov 2009, 7:02 pm
The Court relies on Fisk II, supra, for its discussion of the various aspects of this obligation that is imposed on every Delaware agreement but is not susceptible to mathematical precision in its definition or application. [read post]
29 Apr 2022, 7:49 am
All four commissioners voted in favor of moving forward with these two rulemaking proceedings, with Commissioner Wilson noting that, despite her frequent warning against abusing the rulemaking process, these proceedings are precisely the calculated changes she expects to see. [read post]
7 May 2018, 6:43 am
Quantlab Group GP, LLC, C.A. [read post]
16 Jun 2011, 2:11 pm
COGO only takes public policy positions with a unanimous vote of its member organizations. [read post]
30 Jan 2015, 8:55 am
As defined by the agreement, this “interest” consisted of the “rights to distributions, allocations and information, and the right to vote on matters coming before the Members. [read post]
13 Dec 2013, 12:07 pm
While running, the app also collected users’ personal information, including precise geolocation and unique device identifiers, and transmitted that data to third parties. [read post]
6 Nov 2013, 10:17 am
PS: I vote Jordan buys. [read post]
8 Oct 2018, 3:47 am
What makes the case even more interesting is that the pre-existing operating agreement signed by all the members included a provision generally authorizing amendment by vote of members holding 51% of the member interests. [read post]
8 Feb 2019, 4:04 am
Briefly: At the Yale Journal on Regulation’s Notice & Comment blog, James Conde weighs in on PDR Network, LLC v. [read post]
