Search for: "State v. Budis"
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11 Aug 2014, 3:32 am
(The rules are different in states that have enacted the Revised Uniform Partnership Act.) [read post]
27 Feb 2023, 4:34 am
Can 1376 Forest be harmonized with Budis and Pappas? [read post]
29 Dec 2014, 1:49 am
Budis v Skoutelas, Short Form Order, Index No. 702060/13 [Sup Ct, Queens County July 16, 2014], in which Justice Orin Kitzes held that the estate of a deceased LLC member had no standing to assert derivative claims on the LLC’s behalf. [read post]
20 Jun 2016, 3:16 am
A decision last month by the Appellate Court of Connecticut — that state’s intermediate appellate court — in Warren v Cuseo Family, LLC, AC 37239 [May 3, 2016], dealt with an interesting set of facts involving the estate of the majority owner of a family-owned LLC and produced an unusual but not surprising ruling giving the executor extraordinary power as temporary receiver to wind up the LLC’s… [read post]
10 Feb 2020, 2:14 am
This blog previously featured the Budis v Skoutelas and Pappas v 38-40 LLC cases in which courts held that the express terms of operating agreements, providing that the “successor in interest” of a deceased LLC member shall succeed to the decedent’s economic rights but shall not acquire member status, deprived the decedents’ executors of standing to bring derivative actions against the LLC’s controlling… [read post]
20 Nov 2017, 2:13 am
I’ve written about some of them on this blog, e.g., the Budis case (here) and the Lewis case (here). [read post]
