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22 Apr 2024, 10:01 am by Norman L. Eisen
Although the trial is still in its early stages, Trump has already run into trouble with a court “gag order” restricting his extrajudicial statements about trial participants. [read post]
20 Mar 2024, 11:24 am by Richard Hunt
SWBC Real Estates Services, LLC, 2024 WL 1123035, at *4. [read post]
1 Nov 2023, 6:00 am by DONALD SCARINCI
Raiders Retreat Realty Co., LLC: In its seminal maritime insurance decision in Wilburn Boat Co. v. [read post]
1 Feb 2023, 9:05 pm by renholding
Notwithstanding lower overall activity, 2022 witnessed a number of megadeal announcements, including Elon Musk’s $44 billion acquisition of Twitter, Broadcom’s $61 billion acquisition of VMware, Adobe’s $20 billion purchase of Figma, Prologis’s $26 billion acquisition of Duke Realty, Microsoft’s $68.7 billion acquisition of Activision Blizzard and Kroger’s $24.6 billion purchase of Albertsons. [read post]
20 Nov 2022, 11:03 pm by Peter Mahler
The standard’s focus on the achievement or not of the LLC’s “stated purpose” has taken center stage in many an LLC dissolution case (and many a post on this blog, e.g., here, here, and here). [read post]
26 Sep 2022, 3:49 am by Peter Mahler
The Manhattan Commercial Division’s 2019 decision in the Advanced 23 case that I wrote about here, where the court dismissed an LLC Law § 702 dissolution petition by a 50% co-managing member of a realty holding LLC based on his own conduct in breach of the operating agreement designed to &ldqu [read post]
12 Jul 2022, 6:39 am
WorkSuites - IP Holdings LLC, Opposition No. 91249435 (July 6, 2022) [not precedential] (Opinion by Judge Marc A. [read post]
15 Apr 2022, 3:55 am by Andrew Lavoott Bluestone
Realty, 57 NY2d 1038, 1041 [internal quotation marks omitted]). [read post]
7 Feb 2022, 4:29 am by Peter Mahler
In such cases involving pass-through tax entities, the company’s Form K-1s issued to the partners typically take center stage, with one side claiming the other is estopped from taking a position in court that contradicts the ownership shown by the K-1s. [read post]
27 Dec 2021, 12:37 am by Peter Mahler
Pachter v Winiarsky  The limited grounds available for judicial dissolution of LLCs under New York law likely inspired the 50% member in Pachter to borrow from corporate law and include in his complaint a novel claim for common-law a/k/a equitable dissolution of the subject realty-holding LLCs. [read post]
22 Sep 2021, 9:27 am by Joel R. Brandes
 September 16, 2021  Appellate Division, First Department Disposition of prior petition to terminate mother parental rights which was favorable to the biological mother, did not preclude the findings of extraordinary circumstances in later kinship guardianship proceeding. [read post]
28 Jun 2021, 3:10 am by Peter Mahler
That may be because realty holding LLCs have greater attraction for passive investors. [read post]
7 Apr 2021, 8:14 am by Richard Hunt
WG Chandler Villas SH LLC, 2021 WL 1087200 (D. [read post]
22 Mar 2021, 4:17 am by Peter Mahler
The following examples illustrate the hurdles to pleading a sustainable RICO claim in a business divorce setting: In Daskal v Tyrnauer, 2012 NY Slip Op 52036(U) [Sup Ct Kings County 2012], the plaintiff brought direct and derivative claims against his co-owner in a realty holding LLC and others arising from a realty development project that ultimately led to the construction lender’s foreclosure on the LLC’s realty asset. [read post]
18 Mar 2021, 11:25 am by Alessandro Secino
., Denny Grimes, President of Denny Grimes & Team at Keller Williams Realty, and Stan Stouder, founding partner of CRE Consultants, LLC. [read post]
16 Jan 2021, 10:57 pm by Mahmoud Khatib
The second stage is not necessary; it is merely considered desirable. [read post]
28 Dec 2020, 4:30 am by Peter Mahler
” Lazar v Attena LLC  This case involved several member-managed, realty-holding LLCs that had fully disposed of their realty assets and distributed all of the net proceeds, yet found themselves the subject of a dissolution petition by one of the three members claiming that the other two had wiped off the books debt owed by them to the LLCs. [read post]