Search for: "Provident Distribution, LLC"
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7 Aug 2017, 9:49 am
For example, the Revised LLC Act provides that unless the members of an LLC otherwise agree, all distributions of profits shall be shared equally between members. [read post]
7 Aug 2017, 9:49 am
For example, the Revised LLC Act provides that unless the members of an LLC otherwise agree, all distributions of profits shall be shared equally between members. [read post]
7 Aug 2017, 9:49 am
For example, the Revised LLC Act provides that unless the members of an LLC otherwise agree, all distributions of profits shall be shared equally between members. [read post]
13 Oct 2022, 3:35 am
This is an ownership share that allows the holder to receive distributions (i.e., profits and distribution of company assets) from the LLC, without any control or voting rights. [read post]
15 Aug 2022, 5:26 am
The dental practice and LLC, in addition to two bank accounts related to the business, were distributed to Defendant Husband, and Plaintiff Wife was awarded a distributive award to compensate. [read post]
9 Feb 2021, 7:53 am
Damages The court affirmed the lower court’s award of $47,866 in damages to the son for the annual distributions “he should have received” as a member of the LLC, but rejected the son’s request for additional damages from lost distributions. [read post]
4 Feb 2024, 3:17 pm
In her ruling Justice Masley also found misplaced defendants’ reliance on a 2021 opinion by Commercial Division Justice Jennifer Schecter in Santelli v Spitzer, writing, Santelli held that alleged distributions to an LLC member were not wrongful because the agreement in question “provided that ‘the parties will distribute income to each of the owners of the LLCs on a 50%/50% basis in accordance with their ownership interests in… [read post]
25 Oct 2023, 10:04 pm
LLCs also provide considerable flexibility: Setup. [read post]
19 Apr 2023, 7:46 am
Why Form an LLC Reason #6) Flexible Profit Distribution: LLCs offer flexibility when it comes to distributing profits. [read post]
29 Jan 2018, 12:00 am
You’ll need to clearly know if you’re distributing profits to the members, if any of them have shares in the company, and if you’re offering employee benefits. [read post]
15 Mar 2012, 10:11 am
Are distributions to owners based upon ownership percentages? [read post]
19 Jul 2007, 7:36 pm
First, an LLC provides no asset protection against lawsuits brought against the LLC. [read post]
2 May 2016, 3:09 am
” The estate argued that the statute was mandatory, and not permissive, because it lacks the magical “unless otherwise provided in the LLC agreement” language. [read post]
29 Oct 2018, 7:27 am
Parking REIT Has Stopped Dividends & Distributions Following an Investigation into CEO Michael Shustek The Parking REIT has suspended distributions and dividends following a reported internal investigation into CEO Michael Shustek. [read post]
26 Mar 2014, 7:31 am
The creditor can generally obtain only a charging order against distributions from the LLC. [read post]
20 Jan 2023, 10:43 am
Allocations and Distributions. [read post]
16 Oct 2014, 8:25 am
As one group of LLC members recently discovered, if the LLC's distributions to them leaves the LLC penniless and essentially dissolved, the creditor may collect from the members. [read post]
8 Oct 2015, 2:52 pm
The Wilmington, Delaware-based company, which provides grocery distribution services to Safeway Inc., ... [read post]
12 Dec 2016, 8:24 am
Sapir, co-founder and CEO of ProShare Advisors LLC, the advisor to ProShares Trust, said it was the third consecutive year the firm’s funds did not pay a capital gain distribution. [read post]
28 Apr 2015, 8:51 am
The agreement further provided that his voting rights would expire upon his death or withdrawal from the LLC. [read post]
