Search for: "Triggers Disposal LLC"
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27 Jan 2020, 3:58 am
The Choi case also contains echoes of decisions I’ve written about involving close corporations with shareholder agreements containing compulsory or optional buyout provisions for shareholders who seek to “dispose” of their stock which, depending on the breadth of the wording used, courts on occasion have held are triggered by the filing of a petition for judicial dissolution. [read post]
12 Oct 2018, 11:20 am
Should the LLC continue or should it automatically trigger cancellation? [read post]
3 Jun 2019, 3:27 am
Did Filing Chapter 11 “Dispose” of Catalyst’s Property? [read post]
19 Jul 2011, 9:45 am
Extell Rock, LLC, an unsigned Construction Agreement that named Hard Rock Cafe as an additional insured, and a "Work Authorization" signed only by the named insured, Region Facility Services, was held to be insufficient to trigger Twin City Fire Insurance Company's additional insured provision that requred a written contract or agreement requring Region to add Hard Rock as an additional insured. [read post]
13 Nov 2023, 4:07 am
With the cancellation of the anti-continuity of life requirement, check-the-box also triggered a nationwide avalanche of amendments to LLC statutes. [read post]
20 Apr 2020, 4:10 am
In addition, the withdrawal of Faction #1 did not trigger dissolution under an express provision in the operating agreement continuing the LLC’s existence upon member withdrawal unless the company had no other members for 90 days post-withdrawal, which was not the case. [read post]
11 Dec 2017, 3:28 am
If no third-party transaction occurs within 120 days thereafter, the Selling Member cannot dispose of his or her membership interest without starting anew under Section 10.01. [read post]
5 Jan 2018, 9:04 am
In the Commercial Division decision, Justice Jamieson held that, although WIC’s Operating Agreement did not have a provision relating expressly to “withdrawal” of a member, Article 10, titled “Right of First Refusal,” provided specific procedures for the sale of membership interests, which apply where, as in Jacobs I, a member wishes to dispose of his membership interest in the absence of a prior offer.[9] The Second Department agreed. [read post]
17 Apr 2023, 4:01 am
Postnup gets triggered when marriage breaks up. [read post]
26 Oct 2018, 8:06 am
To the extent that a member is transferring or disposing of assets, most operating agreements require prior written consent to pledge or otherwise transfer or dispose of substantial assets of the company, or incur indebtedness by the company other than in the ordinary course of business. [read post]
26 Oct 2018, 8:06 am
To the extent that a member is transferring or disposing of assets, most operating agreements require prior written consent to pledge or otherwise transfer or dispose of substantial assets of the company, or incur indebtedness by the company other than in the ordinary course of business. [read post]
21 Jun 2010, 4:00 am
Johnsen enforced a buyout triggered by a judicial dissolution petition where the RFR applied to any shareholder seeking to "transfer or otherwise dispose of his stock in any manner whatsoever. [read post]
15 Jun 2010, 11:02 am
., LLC and can be found here. [read post]
29 Jan 2024, 4:46 am
The deal structure went something like this: Simry transferred all seven real properties it owned (the “Properties”) to newly-formed, single-asset real estate LLCs, which acquired ownership of the Properties from Simry; A newly-formed holding company, Simry Holding LLC (“Simry Holding”), acquired all of the membership interests of the single-asset real estate LLCs; Simry acquired a 10% common interest and a 100% preferred interest in Simry… [read post]
18 Apr 2012, 10:34 am
Titan Wrecking & Environmental LLC. [read post]
15 May 2020, 5:57 am
COMMERCIAL PROPERTY – AMMONIA LEAK – DIRECT PHYSICAL LOSS – EQUIPMENT BREAKDOWN – EQUITABLE ESTOPPELSatisPie, LLC v. [read post]
16 Oct 2023, 4:24 am
Section 13.1 of the operating agreement contained the dissolution triggers. [read post]
10 May 2021, 3:56 am
The sponsor LLC is subject to the same trials and tribulations of any LLC as far as rights, duties, and potential conflicts among the members. [read post]
10 Feb 2017, 10:00 pm
Routine, random testing by Tennessee food inspectors found Listeria monocytogenes in colby cheese and has triggered recalls of a variety of Sargento, Meijer and Amish Classics cheese products. [read post]
4 Aug 2021, 8:20 am
In Robert Bosch, LLC v. [read post]
