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2 Oct 2017, 3:33 am by Franklin C. McRoberts
  Once they did so, they began to pay themselves exorbitant compensation through excessive salaries, management fees, and use of company funds for personal expenditures. [read post]
2 Oct 2017, 3:33 am by Franklin C. McRoberts
  Once they did so, they began to pay themselves exorbitant compensation through excessive salaries, management fees, and use of company funds for personal expenditures. [read post]
15 Oct 2010, 8:03 am by Steven Boutwell
App. 4th Cir. 2/10/10), 32 So.3d 931, writs denied, 2010-0530 (La. 5/7/10), 34 So.3d 862. [read post]
10 Feb 2013, 10:50 pm by Steve Baird
Battani of the Eastern District of Michigan rejected the claimed trade dress as generic, just two weeks ago in Happy’s Pizza Francise, LLC v. [read post]
11 May 2015, 3:45 pm by Charles (Chuck) Rubin
Sounds like an ice hockey term, but this is a tax blog so don’t get your hopes up. [read post]
8 Feb 2021, 4:00 pm by Alvin Li, Muhammad U. Faridi
On November 21, 2016, Schochet and Wilhelm notified Farro that, on November 16, 2016, they approved a merger of LMEG Wireless, LLC with LMEG Acquisition, LLC—under LLC Law §§ 447 and 1002—without any involvement from Farro, and they offered compensation for his interests under those statutes. [read post]
11 Jan 2019, 2:30 pm by ccollins
(ENB) has consolidated its acquisition of master limited partnership (MLP) operations in Texas by approving the acquisition of all outstanding Enbridge Energy Partners LP (EEP) public Class A common units, as well as all outstanding Enbridge Energy Management LLC (EEQ) public listed shares. [read post]
4 Oct 2022, 9:55 am by Jay R. McDaniel, Esq.
Kind of like the weather, circumstances change and so does the ability of an individual or trust or corporation to remain a member of the LLC. [read post]
25 Sep 2011, 9:40 am
"This acquisition makes sense on several fronts," said Michael J. [read post]
5 Nov 2012, 2:00 am by Peter Mahler
Note that the first prong of the standard uses the words “stated purpose” which usually is expressed in the so-called “purpose clause” of the LLC’s operating agreement. [read post]
7 Nov 2010, 5:46 am by Francis G.X. Pileggi
The Delaware Court of Chancery addressed whether a creditor had standing, based on the Delaware LLC Act, to pursue a derivative claim against an insolvent LLC, similar to a creditor's right to do so against an insolvent corporation. [read post]
25 Oct 2009, 5:04 am
Old Carco LLC (formerly known as Chrysler LLC) sought court authority on Friday to sell its Newark, Delaware assembly plant (two parcels totaling 271 acres) to the University of Delaware (or an acquisition vehicle created by the University of Delaware) for $24.25 million. [read post]
5 Sep 2018, 1:40 pm by Bona Law PC
Let’s assume that those shares were worth $50 each, so that the entire option acquisition was only $500,000. [read post]
16 Jun 2010, 3:00 pm
We look forward to continuing to develop and bring to market leading edge eDiscovery technology, and I believe this acquisition greatly enhances our ability to do so. [read post]