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3 Jun 2024, 4:31 am by Franklin C. McRoberts
The lion’s share of cases we write about on New York Business Divorce involve consummated business relationships where the warring parties have clearly chosen the particular entity form governing their relations, whether it be partnership, corporation, or limited liability company. [read post]
2 Jun 2024, 9:01 pm by renholding
That’s what I’d like to do this afternoon – speak to you all directly about a topic that has been widely discussed at events like this one, including by me,[1] and that is cooperation. [read post]
30 May 2024, 6:42 am
This should be viewed as an urgent policy priority for governments - necessitated by the escalating exposure of people and communities to corporate-related abuses, and the growing exposure of companies to social risks they clearly cannot manage adequately on their own.[4] It is within these premises that one can most usefully approach the foundational principles of the UNGP’s State duty to protect human rights. [read post]
24 May 2024, 7:22 am by Stefana
If you want to start a limited liability company (LLC) based in the United States while living abroad — or have just done so — you probably have questions about how taxes work. [read post]
22 May 2024, 4:03 am by Andrew Lavoott Bluestone
“Absent a confidential or fiduciary relationship, there is no duty to disclose, and meresilence, without identifying some act of deception, does not constitute a concealment actionable as fraud” (NYCTL 1999-1 Trust v 573 Jackson Ave. [read post]
19 May 2024, 9:05 pm by The Regulatory Review
| Scholar argues that a platform liability shield limits protection from housing discrimination. [read post]
8 May 2024, 9:01 pm by renholding
Based on Supreme Court precedent, the extended statute of limitations will not apply to criminal prosecution of sanctions violations that have already become time-barred, but the effect on potential civil liability is less clear. [read post]
7 May 2024, 1:04 pm by Kathryn Cahoy and Thea McCullough
Even if courts determine that the same applies to GIPA, practically, given the limited number of times an employer may request genetic information, the number of violations for which a company may face liability could be significantly lower under GIPA. [read post]
The Directive does not lay down an upper limit to the pecuniary sanction, so Member States are free to set it themselves. [read post]
4 May 2024, 7:00 am by Mark Ashton
In a recent case, husband owned a minority interest in the business (about 40%) but the operating agreements named him as the irrevocable managing member of the LLC (limited liability company) and indicated that he would receive 60% of the first $10 million in proceeds if it was sold. [read post]
In the context of LLC members, the Illinois Limited Liability Company Act (805 ILCS 180/35-1) provides for the dissolution of the company upon the application by a member or transferee of a distributional interest, upon entry of a judicial decree that the managers or those members in control of the company have acted or are acting in a manner that is oppressive and was, is, or will be directly harmful to the applican]. [read post]