Search for: "Principal Capital Interest Only I, LLC" Results 1 - 20 of 214
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2 Mar 2020, 3:48 am by Peter Mahler
Not only must the assignee-to-be determine the provenance of the assignor’s membership interest, the LLC’s operating agreement also must be consulted for restrictions on transfer rights and, assuming transfer is permitted, whether an assignment conveys full membership rights or an economic interest only. [read post]
24 Nov 2009, 12:19 pm by Keith L. Miller
In reality, as alleged by the SEC, Nelson used a majority of the capital raised to make interest and principal redemption payments to earlier investors. [read post]
6 Apr 2009, 5:00 am
  It's only fitting, then, that I refer to what happened in the recently decided case, Cooperstown Capital, LLC v. [read post]
17 Aug 2020, 4:36 am by Peter Mahler
On appeal, the Supreme Court upheld the trial court’s principal rulings including the stock transfer which, to say the least, is an unusual and, I imagine, rarely granted remedy. [read post]
26 Feb 2018, 3:49 am by Peter Mahler
The notice went on to explain that since the “book value” of the plaintiff’s membership interest was no more than his $60,000 capital contribution, the LLC owed him nothing for his interest and was keeping the $60,000 as an offset against damages owed by the plaintiff to the LLC. [read post]
2 Jan 2013, 6:00 am by Doug Cornelius
When the SEC announced an asset freeze against Western Financial Planning Corporation and its principal Louis Schooler, I was a bit troubled by the structure of the investments in question. [read post]
14 Jun 2021, 4:32 am by Peter Mahler
I’ve previously written about several interesting decisions by Iowa’s intermediate appellate courts in LLC dissolution cases (here, here, and here). [read post]
5 May 2021, 7:23 am by Silver Law Group
Maroney, accusing him of running an ongoing Ponzi scheme through his company Harbor City Capital Corp., LLC and other entities. [read post]
23 Apr 2018, 3:41 am by Peter Mahler
The more interesting question not reached, at least in the case of the Delaware LLC for reasons I’ll explain below, is whether the statute authorizing derivative claims is mandatory or permissive. [read post]
30 Apr 2012, 3:00 am by Peter A. Mahler
The defendants' counsel submitted a letter citing a Delaware Chancery Court decision, R&R Capital, LLC v. [read post]
8 Jul 2013, 8:53 am by Arina Shulga
I have previously written here about whether interests in an LLC or an LLP can be viewed as securities. [read post]
30 Apr 2012, 3:00 am by Peter A. Mahler
The defendants' counsel submitted a letter citing a Delaware Chancery Court decision, R&R Capital, LLC v. [read post]
25 Jan 2010, 3:00 am by Peter A. Mahler
  I recently formed an investment LLC with 100 members and an initial capitalization of $600 million. [read post]
26 May 2009, 6:48 am
Now, quite passive investors could afford to risk capital—but only what they chose—with entrepreneurs. [read post]
10 Feb 2014, 3:06 am by Peter Mahler
That is not to say I haven’t seen excellent, carefully prepared, thorough LLC agreements for New York LLCs. [read post]
2 Jan 2013, 6:00 am by Doug Cornelius
When the SEC announced an asset freeze against Western Financial Planning Corporation and its principal Louis Schooler, I was a bit troubled by the structure of the investments in question. [read post]
18 Jan 2021, 2:11 am by Peter Mahler
The business never had or could get conventional financing and relied for capital on loans from friends and family. [read post]
5 Apr 2010, 1:30 am by Peter A. Mahler
Is this another case in which New York courts undermine the contract-based LLC form by super-imposing equitable remedies that only add to the uncertainty surrounding adjudication of LLC disputes and thereby discourage use of the LLC form? [read post]