Search for: "The Power of Few, LLC"
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13 Dec 2021, 4:04 am
As one commentator noted a few years back, LLCs are the “New King of the Hill” among business forms used for privately owned entities. [read post]
13 Aug 2018, 9:09 am
What makes the Delaware LLC unique and powerful is two-way liability protection, available in few other states’ LLC laws or in any state’s Corporation laws. [read post]
6 Feb 2021, 3:29 pm
There are a few common ways that owners can resolve a dispute. [read post]
5 Mar 2013, 12:05 pm
Logicbit Corp. carries a few lessons. [read post]
21 Jul 2011, 7:09 pm
The disadvantages of the corporate form is that the formalities involved may be overkill for a small business with just one or a few active owners. [read post]
21 Jul 2011, 7:09 pm
The disadvantages of the corporate form is that the formalities involved may be overkill for a small business with just one or a few active owners. [read post]
26 Apr 2021, 3:19 am
At least for New York LLCs, a member can be expelled from an LLC only if expressly authorized by the operating agreement. [read post]
20 Nov 2017, 2:13 am
No Case Law There are relatively few New York cases addressing rights of inspection under LLC Law § 1102, and of those, none involve demands for inspection by non-member assignees. [read post]
1 Feb 2011, 4:36 am
That’s where LLCs come in. [read post]
22 Jun 2015, 3:22 am
You also know, especially if you follow this blog, that notwithstanding the absence of such authority, on a few occasions New York courts have invoked their common-law powers of equity to compel buy-outs in LLC dissolution cases, or have reached the same result by characterizing the buy-out as a form of liquidation. [read post]
1 Nov 2014, 6:12 am
Everyone filed back inside after a few minutes – so they thought. [read post]
8 Apr 2009, 7:09 am
Thinking you can just slap something together and leave it there, or write one ranting blog post every few months, is just ignorant. [read post]
9 Oct 2022, 6:23 pm
Dugout Team LLC, 288, 2021 (Del. [read post]
17 Feb 2011, 2:00 am
For the answer, see my article “State Power Over Corporate Charters“. [read post]
12 Aug 2010, 4:06 am
The cases, however, differ in a few respects. [read post]
21 Oct 2019, 12:14 am
The two sets of cases, albeit few in number and light on analysis, offer diametrically opposed, seemingly categorical holdings that, on the one hand, LLC dissolution is an internal affair between the members in which the LLC has no independent interest and, on the other hand, the LLC is a distinct legal entity [read post]
30 Jan 2017, 3:34 am
By the same token, the decision provides opportunities for majority members of existing LLCs without operating agreements to cement and expand their control powers. [read post]
25 Jul 2012, 3:00 am
The case of the day is In re Application of Mesa Power Group, LLC (S.D. [read post]
6 Mar 2009, 8:47 pm
Thinking you can just slap something together and leave it there, or write one ranting blog post every few months, is just ignorant. [read post]
1 Oct 2012, 2:00 am
Equally powerful voices argue the other side of the issue. [read post]