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20 Sep 2007, 12:49 am
C. 156C s. 22 provides that no ". . . member or manager of a limited liability company shall be personally liable, directly or indirectly, including, without limitation, by way of indemnification, contribution, assessment or otherwise, for any such debt, obligation or liability of the limited liability company solely by reason of being a member or acting as a manager of the limited liability company. [read post]
17 Sep 2007, 6:36 pm
The decedent owned 5 separate items of real property in New York, all of which were titled in the name of a single holding company called Eloise Management Corporation, Inc., a New York Corporation ("Eloise"). [read post]
14 Sep 2007, 7:11 am
"The directed trustee statutes in the few states that have strong ones are explicit as to the lack of responsibility on the part of the trustee for reviewing the actions of the investment manager. [read post]
23 Aug 2007, 1:00 am
The IPO, trustee Marc S. [read post]
21 Aug 2007, 4:16 pm
[T]hey [management] could have instead used that opportunity to turn the company around and transform it into a profitable business. [read post]
20 Aug 2007, 2:40 am
Title616
A9244
Heastie -- Relates to the termination of a residential lease by a victim of domestic violence 615
A9206
Barclay -- Authorizes the town of Camillus to change the retirement plan that it offers to police officers and firefighters 614
A9145
Schimminger -- Extends the provisions relating to the registration of kegs 613
A9002A
Sweeney (MS) -- Creates the New York state sea level rise task force 612
… [read post]
19 Aug 2007, 1:02 pm
This is purportedly accomplished by a permitted and qualified assignment of a portion of the settlement fund to a trust with major bank, as trustee, which then manages the portfolio pursuant to the order of the court. [read post]
13 Aug 2007, 4:00 pm
Risk management: The best way to reduce the risk of getting sued as a trustee is to make sure the trust beneficiaries consent to your actions. [read post]
4 Aug 2007, 3:01 pm
As trustee she has the responsibility of managing the proceeds on his death. [read post]
26 Jul 2007, 11:03 pm
Bank National Association -- the trustee of its $400 million unsecured notes -- that the unpaid principal and any interest is now due. [read post]
23 Jul 2007, 1:21 am
The bankruptcy trustee for defunct health care management company CMGT Inc. has sued its former lawyers at Mayer Brown for failing to challenge lawsuits brought against the company by its former financial advisor, Gerry Spehar. [read post]
8 Jul 2007, 10:16 am
Kevin Veitch asked the Supreme Court of British Columbia to appoint him as trustee of the estate, or alternatively to appoint a trust company or lawyer, in place of Scott Veitch.Mr. [read post]
1 Jul 2007, 6:33 am
” The 30-lawyer Hemenway & Barnes, founded in 1863, has managed the affairs of Bancroft family members for more than 60 years. [read post]
25 Jun 2007, 2:50 am
However, if pressure to lend continues at the present levels, one wonders whether the banks will dig their heels in and voluntarily insist on this level of scrutiny.It would be peculiar if the only people left objecting to target company leverage were the pension trustees! [read post]
22 Jun 2007, 4:34 pm
Lawyers for the family of Ron Goldman and a bankruptcy trustee say the celebrity gossip Internet site TMZ.com should be held in contempt for posting a manuscript of O.J. [read post]
14 Jun 2007, 10:38 am
Moreover, a bankruptcy trustee could argue that a transaction was not a "securitization", and thus outside the scope of ABSFA. [read post]
13 Jun 2007, 1:13 am
Her work includes representing debtors, creditors and purchasers and trustees in corporate restructuring and bankruptcy. [read post]
12 Jun 2007, 9:53 am
If we are in chapter 11, and management of the debtor is aligned with the directors, they may be understandably reluctant to cause the estate to sue. [read post]
11 Jun 2007, 10:18 am
Moreover, a total liquidation today is much more likely to be managed by a bankruptcy trustee or other fiduciary for creditors. [read post]
11 Jun 2007, 8:03 am
The case involving a claim under the Age Discrimination in Employment Act is Sprint/United Management v. [read post]
