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11 Nov 2018, 4:03 pm by Wolfgang Demino
At least one of them (the records do not reflect whether it was the student or the co-signer) had faithfully made installment payments for several years. [read post]
1 Nov 2018, 3:02 pm by Kevin LaCroix
The press release also notes that the fact that the Vanguard action was proceeding in a jurisdiction other than the one in which the class action is pending created the risk that VEREIT could face “successive trials on similar factual and legal issues that could have subjected VEREIT to increased legal risk. [read post]
22 Oct 2018, 3:17 am by Peter Mahler
In practice, and by informal mutual consent, only one of the members actively manages the LLC’s business and financial affairs. [read post]
15 Oct 2018, 3:30 am by Matthew D. Donovan
In Jarmuth, the resident-shareholder sued the co-op and its board of directors for fiduciary breach and corporate waste when the directors decided at a board meeting to settle an underlying property-damage case against the co-op and one of the directors individually and to assume all of the co-op’s related legal fees. [read post]
3 Oct 2018, 2:40 pm by ccollins
(VER) may end up being responsible for up to $730M in settlements related to an accounting scandal involving its former incarnation, American Realty Capital Properties Inc. [read post]
27 Aug 2018, 3:41 pm by Wolfgang Demino
Apparently some things that are un-doable elsewhere work just smoothly in Texas: Like imputing on borrowers an agreement on interest rates that they never signed up for.And in the most recent one – Savoy v. [read post]
26 Aug 2018, 3:51 pm by Eugene Volokh
Many of these services are highly regulated, including insurance, banking, legal services, and accounting. [read post]
6 Aug 2018, 3:15 am by Franklin C. McRoberts
The question then becomes: What are the legal rules, principles, and standards that apply in the valuation proceeding itself? [read post]
16 Jul 2018, 2:58 am by Peter Mahler
If you answered slim or none, you’d be right in the case of Gourary v Laster, 2016 NY Slip Op 04287 [1st Dept June 12, 2018], where the absence of testimony by the two deceased principals and the deceased lawyer for one of them doomed a lawsuit by the executor of the estate of an enfeebled 50% shareholder who, about six months before he died, sold for $5.75 million his 50% stake in a realty holding company to the other 50% shareholder’s… [read post]
2 Jul 2018, 3:18 am by Peter Mahler
Nimkoff is a fight over the value of a 3.6% membership interest in a single-asset realty holding LLC owned by a group of medical doctors. [read post]
25 Jun 2018, 3:41 am by Peter Mahler
Justice Dufficy’s Decision Justice Dufficy’s decision begins with a thorough review of the brothers’ lengthy litigation history, a description of the new proceeding, and a statement of the governing legal standards. [read post]