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16 Jul 2012, 4:44 am by SHG
© 2012 Simple Justice NY LLC. [read post]
26 Sep 2022, 3:49 am by Peter Mahler
The Dismissal Motion The respondents filed a pre-answer motion to dismiss the petition, among other procedural grounds that I’ll leave aside, arguing that the petition’s allegations failed to plead a valid claim for judicial dissolution of the LLC under § 802. [read post]
28 Apr 2021, 10:17 am by Liza Craig and Joshuah Turner
On April 26, 2021 the Government Accountability Office (GAO) issued a decision in the matter of Innovate Now, LLC. [read post]
20 Dec 2009, 12:11 pm
ThompsonHeld: Where written purchase-and-sale agreement was silent on outcome where both parties timely objected to first party's chosen appraiser, and where pre-formation extrinsic evidence showed no meeting of the minds on this material term, the contract is unenforceable, and the court will not supply missing terms.Facts: Several investors formed an LLC to own two professional sports franchises. [read post]
3 Feb 2014, 3:51 am by Peter Mahler
The decision turned on the lower court’s conclusion, with which the appellate panel disagreed, that the appellant had conceded the existence of a written operating agreement both that pre-dated the alleged oral LLC agreement and excluded him as a member. [read post]
26 Jun 2020, 10:20 am
  The Board’s opinion overturns its 2016 decision in Total Security Management Illinois 1, LLC, 364 NLRB No. [read post]
4 Dec 2020, 9:22 am by Renae Lloyd
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois. [read post]
11 Dec 2017, 3:28 am by Peter Mahler
After the amendments, some pre-1999 New York LLCs adopted new operating agreements or amended their existing ones to prohibit withdrawal. [read post]
12 Jun 2009, 4:03 pm
Tom Rutledge has already pointed out that SB 1442 pre-emptsSection 9.406 and 9.408 of the Texas UCC. [read post]
17 Jun 2019, 8:40 am by David Kramer
« Back to newsSubscribeThe post SCOKY Voids Trampoline Park’s Pre-injury Liability Waiver Signed By Parent On Behalf Of Child appeared first on DBL Law. [read post]
19 Feb 2021, 9:41 am by Francis Pileggi
A recent Delaware Court of Chancery decision provided an exemplary analysis of when a deadlock in an LLC might be the basis for a dissolution. [read post]
15 Nov 2011, 4:26 am by Larry Ribstein
  I argued that this new pre-formation duty to disclose promises to make a mess out of NY LLC law. [read post]
2 May 2016, 3:09 am by Peter Mahler
According to the defendants, the sole reason plaintiff was to be a member of the new LLC was to act as a surety for pre-construction agreements. [read post]
30 Mar 2017, 10:00 pm
This is usually invoked when a shareholder or member uses the company to hide assets or secretly conduct business to avoid some pre-existing liability.While it is undoubtedly good practice to form a corporate entity like an LLC to run your business, owners must still be diligent in order to maintain corporate formalities, adequately capitalize their companies, and make third-parties aware that they are dealing with a separate corporate entity. [read post]
8 Jun 2020, 3:50 am by Franklin C. McRoberts
The LLC, its Members, and the Competing Claimants The decedent, Steven Harris, was one of two co-equal founders of TJ Montana Enterprises, LLC, an LLC formed in the 1990s that owned a five-story residential apartment building in Manhattan’s East Village. [read post]