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16 Apr 2018, 3:46 am
Pappas raised an important yet infrequently-litigated legal question: May the executor of a deceased LLC member’s estate sue the LLC or its members in a derivative suit – that is, on behalf of the deceased LLC member’s estate, derivatively on behalf of the LLC? [read post]
22 Apr 2019, 3:46 am
In support of his position, NIssim cited the well-known Mizrahi v Cohen case in which the court granted judicial dissolution of a single-asset real estate LLC co-owned by two 50/50 members on the ground of financial unfeasibility. [read post]
2 May 2016, 3:09 am
The estate argued that the cited sections either did not apply to the deceased founding member or were ambiguous, and that the governing Delaware LLC Act mandates recognition of the estate’s undiminished member rights. [read post]
29 May 2015, 10:00 am
Here are 4 benefits of using an LLC instead of a partnership or a corporation for real estate. [read post]
29 Jul 2013, 10:23 am
If you are purchasing from a third party, consider a so called“blind trust. [read post]
6 May 2012, 6:35 pm
The defendant and third party plaintiff/respondent in the case is Ciampa Estates, LLC. [read post]
24 Dec 2016, 5:44 am
In the ordinary real estate or business sale escrow, the escrow officer owes duties to the parties to only the parties to the escrow, and not to third parties. [read post]
24 Dec 2016, 5:44 am
In the ordinary real estate or business sale escrow, the escrow officer owes duties to the parties to only the parties to the escrow, and not to third parties. [read post]
10 Jun 2011, 7:42 am
TLA handles personal injury, real estate, estate planning, divorce, bankruptcy, criminal law. [read post]
12 Aug 2013, 8:41 am
By Eugene Kim In re Majestic Star Casino, LLC, F.3d 736 (3rd Cir. 2013), the U.S. [read post]
15 Jan 2021, 2:29 pm
They do not appoint a third party, non-member to make the decisions for the LLC. [read post]
30 Apr 2012, 6:39 pm
The Jamaica Estates Holding Corporation et al. are third party defendant-appellants, while Schrier Fiscella and Sussman, LLC is another third-party defendant. [read post]
21 Jun 2022, 4:07 am
Those with large estates can use a family LLC structure to minimize gift and estate taxes. [read post]
8 Jun 2020, 3:50 am
Bernice and Allison were not parties to the operating agreement, but could they cobble a viable cause of action based upon a third-party beneficiary theory? [read post]
4 Feb 2020, 12:21 pm
They do not appoint a third party, non-member to make the decisions for the LLC. [read post]
16 Feb 2022, 8:29 am
They do not appoint a third party, non-member to make the decisions for the LLC. [read post]
14 Sep 2018, 1:50 pm
They do not appoint a third party, non-member to make the decisions for the LLC. [read post]
23 Jul 2014, 11:42 pm
Schrader Real Estate & Auction Company, describes that section as a source of apparent authority and not actual authority. [read post]
13 Sep 2021, 2:00 pm
So how do the members prove the connection between them and the LLC if a third-party signed the Certificate of Formation? [read post]
22 Feb 2016, 8:52 pm
In many cases, after assuming an executory contract, the trustee will assign it to a third party in exchange for consideration (i.e., payment of money that is added to the bankruptcy estate). [read post]
