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8 Dec 2022, 2:21 pm
The court decision in Seventh Dimension, LLC v. [read post]
21 Aug 2017, 3:33 am
Now that I’ve got your attention, consider this: Under the standard for judicial dissolution of a New York LLC prescribed in the landmark 1545 Ocean Avenue case, the primary, contract-based inquiry is whether the LLC’s managers are unable or unwilling to permit or promote the stated purpose of the entity, as found in the LLC’s operating agreement or articles of formation, to be realized or achieved. [read post]
21 Aug 2017, 3:33 am
Now that I’ve got your attention, consider this: Under the standard for judicial dissolution of a New York LLC prescribed in the landmark 1545 Ocean Avenue case, the primary, contract-based inquiry is whether the LLC’s managers are unable or unwilling to permit or promote the stated purpose of the entity, as found in the LLC’s operating agreement or articles of formation, to be realized or achieved. [read post]