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7 Jun 2021, 4:38 am by Franklin C. McRoberts
The Bench Trial, Post-Trial Findings, and Judgment The parties proceeded to a bench trial before Nassau County Commercial Division Justice Timothy S. [read post]
28 Sep 2020, 1:51 am by Peter Mahler
For instance, in 2015, in the Ross case that I wrote about here, Justice Timothy Driscoll cited the operating agreement’s broad purpose clause (“any lawful act or activities for which limited liability companies may be formed under the [NY LLC Law]”) in dismissing a dissolution petition brought after the LLC’s sole realty asset was sold and the controlling members decided to reinvest the sale proceeds in a new property rather than distributing them. [read post]
17 May 2020, 5:00 pm by A. Robert Quirk, Muhammad U. Faridi
  Justices Saliann Scarpulla (New York County), Timothy Driscoll (Nassau County), and Deborah Karalunas (Onondaga County) discussed the ways in which litigation can move forward while the courts operate in a virtual format. [read post]
31 Dec 2018, 3:56 am by Peter Mahler
In this noteworthy case — one of the relatively few in which a minority member of an LLC successfully sued for dissolution under LLC Law § 702 — the majority members had formed a new, similarly named entity to collect the subject LLC’s revenues, thereby reducing the subject LLC, as colorfully described by Commercial Division Justice Timothy Driscoll, to a “marionette” to be “manipulated at… [read post]
27 Aug 2018, 3:49 am by Peter Mahler
Last week, in one of the rare exceptions to the general rule, Nassau County Commercial Division Justice Timothy S. [read post]
2 Jul 2018, 3:18 am by Peter Mahler
In April of this year, having inherited the case from Justice Bucaria, Justice Timothy S. [read post]
17 Apr 2017, 3:46 am by Peter Mahler
Only a few courts have considered the issue, including a decision last year by Justice Timothy Driscoll in the Cardino case. [read post]
26 Dec 2016, 3:34 am by Peter Mahler
Driscoll held that further factual development was needed to determine whether it was reasonable for the resigned manager’s fiduciary duty to extend beyond his resignation and, if so, for how long. [read post]
24 Oct 2016, 3:19 am by Peter Mahler
” Wise words from someone who should know — Nassau County Supreme Court Justice Timothy S. [read post]
23 May 2016, 4:41 am by briadm
Her father, Timothy Driscoll, said his daughter was very talented, and had asked her parents for a dog for years. [read post]
15 Feb 2016, 3:30 am by Peter Mahler
That was the question posed but not answered in a post I wrote two months ago about a decision by Nassau County Commercial Division Justice Timothy S. [read post]
28 Dec 2015, 3:35 am by Peter Mahler
Matter of Ross The petitioner in Matter of Ross (427 Old Country Road, LLC), Short Form Order, Index No. 605338/15 [Sup Ct Nassau County Dec. 10, 2015], decided earlier this month by Nassau County Commercial Division Justice Timothy S. [read post]
14 Dec 2015, 3:24 am by Peter Mahler
Justice Driscoll granted a temporary restraining order pending his determination of the motion. [read post]
28 Apr 2015, 9:54 am by S2KM Limited
SPEAKERS AND TOPICS - NSSTA 2015 Annual Meeting Kevin Silo - Opening Remarks Congressman John Lewis - Keynote Speaker Michael Goodman - NSSTA Agenda and Objectives Sally Greenberg - Consumer & Legal Protections for Injury Victims Mike Montemurro and John Stanton - Internal Revenue Service Update Taylor Smith, Ronna Ruppelt, Robert Sampson - Delivering High Value Services to Claims Professionals Karen Meyers, Anne Marie VonBank, Cody Shively - Trigger Trusts Christi Fried, Paul Hansen, Phil… [read post]
29 Dec 2014, 1:49 am by Peter Mahler
Ferolito v AriZona Beverages USA, LLC, 2014 NY Slip Op 32830(U) [Sup Ct, Nassau County Oct. 14, 2014], in which Justice Timothy Driscoll awarded close to $2 billion (that’s not a typo) to the 50% owner of the AriZona Iced Tea business in a fair value buy-out proceeding under BCL § 1118. [read post]