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13 Apr 2017, 5:55 am by Ed. Microjuris.com Puerto Rico
Apart from these legal and structural limitations inherent in the Title VI process, there are also substantial practical reasons why the oversight board and the new government are likely to eventually rely on Title III to restructure the Commonwealth’s tax-supported debt. [read post]
30 Mar 2018, 3:22 am
Captiva Lake Investment, LLC (“Captiva”) purchased National’s interest in the property, which made Captiva a successor to Fidelity’s title insurance policy. [read post]
19 Nov 2018, 3:46 am by Peter Mahler
Let me say up front, I don’t claim to know the answer to the question posed in this post’s title, or pretend there’s a simple yes-or-no answer. [read post]
However, such a business only owes a duty of care to those the business intended to provide the information and to those who receive the information and rely on it. [read post]
3 Jun 2019, 3:27 am by Peter Mahler
In opposing Tony’s appeal, Todd and Josh relied on In re Mid-South Business Associates, LLC, 555 B.R. 565 [Bankr. [read post]
19 Feb 2018, 3:22 am by Franklin C. McRoberts
On appeal, the Second Department affirmed, relying upon Lyons, holding that the “most equitable method of liquidation” was for Plotkin to have the option to “purchase all of Tal’s right, title and interest in Superior. [read post]
23 Aug 2021, 4:56 am by Franklin C. McRoberts
Even at the pre-answer stage – when the allegations in the complaint are “assumed to be true” – courts often refuse to rely upon the pleader’s characterization of an LLC’s “stated purpose” and whether the LLC’s management is “unable or unwilling” to achieve that purpose, instead closely scrutinizing the words of the operating agreement itself to determine whether the facts, as pled, are susceptible of… [read post]
13 Mar 2017, 3:01 pm by Francis Pileggi
  For example, the court found that frivolous positions were repeatedly advanced and documents were presented and relied on that were not authentic. [read post]
8 Jun 2020, 3:50 am by Franklin C. McRoberts
I do hereby transfer all my right, title and interest to my 19.35% share in TJ Montana Enterprises LLC . . ., which holds the right, title and interest to real property located at 82 East 3rd Street New York, New York, for her life and, upon her death, to our daughter Tamara Monet Harris. [read post]
25 Mar 2024, 3:25 am by Peter J. Sluka
The last time we featured a notable decision on a claim for dissolution of a restaurant-operating LLC was in 2017, with a post by Frank McRoberts titled, “LLC’s Purpose Being Achieved? [read post]
5 Feb 2009, 8:10 am by Nissenbaum Law Group
The Court’s decision relied, in part, upon recent caselaw history indicating that employers who engage in sexual stereotyping commit unlawful sex discrimination. [read post]
18 May 2015, 3:48 am by Peter Mahler
  According to the complaint (read here), in 2002 plaintiff Barone as 20% member and defendant Sowers as 80% member formed 899 Fulton LLC to hold title to a two story, commercial building in Brooklyn with a current market value of at least $3 million. [read post]
31 Jan 2019, 8:04 am by Zamansky
How Options Work in Investing Yield enhancement strategies such as the iron condor rely on investment products known as “options. [read post]