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After coming out of Chapter 11, Washington Prime Group, LLC (the “Company”) was 87% owned by Strategic Value Partners, LLC (“SVP”), but before reorganization, the Company was a publicly traded Indiana corporation. [read post]
21 Jun 2024, 7:26 am by dhdlaw
  Limited Liability Companies (LLCs) have become a popular choice for businesses due to their flexibility, tax benefits, and liability protection. [read post]
20 Jun 2024, 11:12 am by Yosi Yahoudai
Investment company Brookfield Business Partners agreed to buy CDK in an all-cash deal with an equity value of $6.4 billion in April 2022. [read post]
19 Jun 2024, 8:22 am by Eric Goldman
These allegations establish that Meta “provide[d] or enable[d] computer access by multiple users to a computer server” in operating its ad business, making it an interactive computer service for the purposes of Section 230. [read post]
14 Jun 2024, 7:57 am by Scott Riddle
As a result of the impacts of the pandemic, and in order to try to stabilize the Debtors’ financial condition, the Company exited operations at more than 90 facilities. [read post]
14 Jun 2024, 3:00 am by Yosi Yahoudai
Last October, Siskiyou County deputies stopped a box truck leased by a Los Angeles cannabis distributor and vape manufacturer, VBX Labs LLC. [read post]
10 Jun 2024, 10:12 am by Chris Sutton
LLCs: Members of an LLC may disagree on operational decisions, profit distribution, or future direction, necessitating a separation. [read post]
7 Jun 2024, 10:50 am by jeffreynewmanadmin
The Securities and Exchange Commission charged three persons with fraud for selling unregistered membership interests in LLCs that purported to invest in shares of pre-IPO companies, first on behalf of StraightPath Venture Partners LLC, the subject of the Commission’s emergency action in May 2022, and, later, on behalf of Legend Venture Partners LLC, the subject of the Commission’s emergency action in June 2023. [read post]
Fiduciary Duty Between Partners of an LLC As a joint venturer in an LLC, each partner owes the other one a fiduciary duty, even for a non-managing member, and one of the duties included is the duty to disclose material information. [read post]
3 Jun 2024, 4:31 am by Franklin C. McRoberts
The property was apparently owned and managed through several separate entities, including Maiden Lane Holding LLC, Maiden Lane Capital LLC, and Maiden Lane Development LLC. [read post]
2 Jun 2024, 9:01 pm by renholding
If new rules impact your operations or if recent enforcement actions highlight risk areas relevant to your business, it means evaluating whether you need to update your policies, procedures, and systems to stay apace and remain compliant. [read post]
30 May 2024, 5:11 am by Greg Lambert
So first up, we have Mathew Kerbis, out of Chicago, he’s the 2024 James Keane Award recipient, and founder of subscription attorney, LLC. [read post]
28 May 2024, 2:21 pm by Matthew Dochnal
All you need to do is amend the company’s private LLC Operating Agreement. [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]
20 May 2024, 4:26 am by Becky (Hyun Jeong) Baek
” The three founding partners were Russell Diamond, Matthew Grodin and Bill Cline as limited partners, with Alcova Capital Management GP LLC (“ACMGP”) as general partner. [read post]