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14 Jun 2017, 7:52 am by Adam Weinstein
  Mosley has also disclosed entities including LP Prop, LLC – a real estate holding company. [read post]
24 Nov 2014, 3:22 am by Peter Mahler
A recent decision by Manhattan Commercial Division Justice Shirley Werner Kornreich, in Slayton v Highline Stages, LLC, 2014 NY Slip Op 24333 [Sup Ct, NY County Oct. 30, 2014], holds that the “unambiguous language” of § 407(a) trumps § 1002(c). [read post]
24 Feb 2012, 1:24 pm by Clif Burns
.; Ceva Logistics LLC; EGL, Inc.; Kuhne and Nagel International AG; Panalpina, Inc. [read post]
9 Sep 2012, 10:00 pm by Peter Mahler
MCC contended that he allowed WC to participate in the warehouse purchase solely to assist him in deferring taxes as part of a “Section 1031 exchange”; that it was never intended that WC would hold a beneficial interest in the LLC; and that in any event, in May 2001, WC withdrew all of his capital in the LLC consisting of his initial $193,854 contribution. [read post]
20 Nov 2011, 10:31 pm by Victoria VanBuren
Titan Maritime LLC, 647 F.3d 914 (9th Cir. 2011)—in which the court addressed the critical question of how a court is to determine whether a dispute is “arbitrable” for purposes of a motion to compel—and then proceeds to make a complete hash of it. [read post]
15 Jun 2015, 3:13 am by Peter Mahler
 Rather, it provides that all activities or transactions require member approval without specifying the requisite vote, which is left to the provision in the “Membership” article requiring the votes of a majority of the “Voting Interest of the Company. [read post]
23 Jan 2023, 6:00 am
Johnson, were both lead paint tort plaintiffs who had each obtained structured settlements, and who signed agreements transferring the rights in these agreements to Petitioner Access Funding LLC and Assoc, LLC, in exchange for discounted lump sum cash payments. [read post]
12 Apr 2021, 4:30 am by Franklin C. McRoberts
In the subject of that article, 223 Sam, LLC v 223 15th St., LLC, 161 AD3d 716 [2d Dept 2018], the Court ruled: Where all the substantial terms of a contract have been agreed on, and there is nothing left for future settlement, the fact, alone, that it was the understanding that the contract should be formally drawn up and put in writing, did not leave the transaction incomplete and without binding force, in the absence of a positive agreement that it should not be binding… [read post]
27 Aug 2014, 9:06 am by Eric Goldman
We’re seeing increasing attempts to hold online marketplaces responsible for illegal user transactions on their site. [read post]
16 May 2012, 5:46 am by Matthew L.M. Fletcher
On January 20, 2012 Brule Community entered into an agreement to sell their loan agreement with Western Holdings to Seaport Loan Products LLC (hereinafter “Seaport”) for $19,254,290.00. 15. [read post]
18 Sep 2019, 8:28 am by schlangerlaw
Schlanger Law Group works every day to even the playing field and hold predatory lenders, overzealous debt collectors, and others accountable under federal and state law. [read post]
19 Mar 2012, 4:00 am by Peter A. Mahler
Saxe and Sallie Manzanet-Daniels, concludes that the lower court properly dismissed the fiduciary breach claims under Delaware case law holding that when "the same facts that underlie [a plaintiff's] contract claim also form the basis of plaintiff's fiduciary claim, the fiduciary claim is precluded" (citing Gale v. [read post]
19 Aug 2010, 6:46 am by Chris Carey
That transaction put 14 million virtually free shares of Mesa into the hands of four investors from the Mesquite Mining side of the transaction. [read post]
28 Aug 2017, 7:31 am by Lev Martyniuk
(Some clients even enjoy holding board of directors meetings and the formalities of decision making.) [read post]
28 Aug 2017, 7:31 am by Lev Martyniuk
(Some clients even enjoy holding board of directors meetings and the formalities of decision making.) [read post]
7 Feb 2013, 10:11 am by grosin
The Georgia Supreme Court reversed, holding that there was a question of fact. [read post]