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30 Oct 2017, 9:11 am by Ronald Mann
The trustee attempted to avoid a payment by the bankrupt company, Valley View Downs, which had hoped to establish a “racino” – a racecourse with slot machines – to the petitioner, Merit Management, in exchange for Merit Management’s shares in Bedford Downs, another aspiring racino operator. [read post]
26 Jul 2020, 3:22 pm by Fred Abrams
Freeman to manage the 212 West 18 LLC shell company. [read post]
2 Jun 2022, 3:07 pm by Eugene Volokh
" Moreover, the trustees have expressly stated that, "[c]onsistent with carrying out their fiduciary responsibilities, the Trustees will not systematically exclude any investments in companies, industries, countries, or geographic areas unless required to do so by statute. [read post]
6 May 2013, 1:47 am by Kevin LaCroix
But the fact that this concern was raised does have important implications about the need to ensure that the insured vs. insured exclusion is revised to insure that it does not preclude coverage for claims brought by representatives of the bankruptcy estate, such as a bankruptcy trustee or creditors’ committee. [read post]
3 Nov 2009, 6:46 am by Leanna Hamill
As you can see, the durable power of attorney covers much more than just the management of your property. [read post]
9 Apr 2011, 7:29 am by Rich Vetstein
Watch out for larger condominiums that are self-managed, that is, not run by a professional management company. [read post]
29 Feb 2016, 8:47 am by Chepenik Trushin LLP
FTCs can serve as trustees and provide other fiduciary duties, such as investment advisory, wealth management, and administrative services. [read post]
14 May 2014, 11:42 am by tonib
  In some cases, an entity such as a bank or a trust company can serve as trustee. [read post]
7 Feb 2014, 8:00 pm by Karel Frielink
The protected cell company is an interesting vehicle which can be used for umbrella funds and captive insurance companies. [read post]
23 Jun 2015, 6:18 am by Kyle Krull
Managing a trust is a big responsibility and requires a candid conversation with any potential trustee. [read post]
24 Apr 2009, 2:59 am
The Trustee argued the company's petition to pay nearly $500,000 to a departed CEO and COO fell within the ambit of (c)(1). [read post]
11 May 2017, 7:45 am by Elizabeth A. Khalil
This may not be desirable for an investor that prefers a more active management role, but it may be an option for others. [read post]
This prevents an outsider from becoming an LLC member and participating in management of the business unless everyone agrees. [read post]
5 Nov 2016, 8:26 am by Charles (Chuck) Rubin
A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager. [read post]
29 Jul 2008, 9:18 am
I am a trustee of COLPM and a Friend of InnovAction but had no role in or access to the judging process. [read post]
4 Jan 2016, 12:05 pm by Kenneth Vercammen Esq. Edison
Payments made pursuant to the authority of this section shall release the bank, trust company or savings and loan association from any claim of, or liability to, any person interested in the estate.3B:10-19. [read post]
16 Aug 2017, 10:43 am by Kenneth Vercammen Esq. Edison
Payments made pursuant to the authority of this section shall release the bank, trust company or savings and loan association from any claim of, or liability to, any person interested in the estate.3B:10-19. [read post]
17 Aug 2017, 8:27 am by Kenneth Vercammen Esq. Edison
Payments made pursuant to the authority of this section shall release the bank, trust company or savings and loan association from any claim of, or liability to, any person interested in the estate.3B:10-19. [read post]
23 Mar 2009, 6:42 am
Shareholders also will vote on various management proposals to implement the terms of a March 1 agreement with the federal trustees. [read post]