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24 Aug 2021, 7:45 am
A recent Chancery decision recounts the epic tale of a group of business partners who were longtime friends and who later accused each other, after forming a business together, of fraud and breach of fiduciary duty. [read post]
2 Jan 2018, 1:58 pm
Senate Enrolled Act 443 creates, effective as of January 1, 2018, a new Article 0.6, the Uniform Business Organization Transactions Code, in Title 23 of the Indiana Code. [read post]
2 Jan 2018, 1:58 pm
Senate Enrolled Act 443 creates, effective as of January 1, 2018, a new Article 0.6, the Uniform Business Organization Transactions Code, in Title 23 of the Indiana Code. [read post]
23 Aug 2021, 4:56 am
Sec. 1, provided that the “purpose” of 695 Monroe was to “engage in any business” in which an LLC “may lawfully engage” in New York. [read post]
8 Jan 2018, 3:29 am
” In Advanced 23, the co-managers exchanged accusations of bad acts and omissions, e.g., one of them transferring LLC funds to an unauthorized bank account, raising material issues of fact as to the effectiveness of the LLC’s management and therefore requiring an evidentiary hearing, which is just what Justice Scarpulla ordered. [read post]
27 Oct 2023, 8:38 am
An LLC is formed when: The Articles of Organization is properly filed with the Secretary of State which must include: The name of the LLC The name of the founding members The LLC’s address The purpose of the LLC The name and address of the registered agent The names of any managers and directors The LLC’s effective start date The duration of the LLC The company has at least one member If you are in the process of establishing a… [read post]
19 Oct 2015, 1:40 pm
On October 19, 2015, Greene LLP announced the resolution of False Claims Act claims against Millennium Health, LLC in a settlement reached with the United States. [read post]
11 Sep 2015, 7:17 am
The court also noted that Section 4A-1009(a) of the Maryland LLC Act “expressly bars a foreign limited liability company from maintaining suit when it is doing business in Maryland with no right to do so. [read post]
24 Mar 2015, 8:56 am
<> Kent Recycling Services, LLC v. [read post]
23 Jan 2023, 4:48 am
New York’s LLC Law § 702 is an almost exact replica of Delaware’s LLC Act § 802, neither of which mentions the word deadlock. [read post]
11 Dec 2023, 1:18 pm
Nearly two million corporations, limited liability companies (“LLCs”), and other business entities are formed nationwide each year. [read post]
18 May 2022, 6:26 pm
Read more » The post Tips From HUBZone Fraud & False Claims Act Whistleblower Attorneys appeared first on Watson & Associates LLC. [read post]
16 Apr 2018, 3:46 am
Assuming the operating agreement does not act as a complete bar, could an executor of a deceased LLC member fashion a derivative claim “for the purpose of settling his or her estate”? [read post]
30 Aug 2019, 12:54 pm
Limited liability protection for owners of the LLC The owners (known as members) of an LLC enjoy limited liability for the debts and obligations of the LLC and the negligent acts of other members. [read post]
16 Aug 2020, 4:00 am
Uniform Acts like the Revised Uniform Partnership Act (RUPA) and the Uniform LLC Act are typical examples of the types of frameworks that... [read post]
26 Jun 2012, 3:35 pm
This means that the LLC absorbs the liability of its members who are acting within the scope of the LLC's business operations. [read post]
21 Feb 2012, 7:13 pm
Gatz Properties, LLC et al, minority shareholders filed suit after the LLC manager engaged in a number of acts that harmed the company, favored his family members, diminished the value of the minority shareholder's interest in the Company, and ultimately sold the company to himself in a sham sale. [read post]
27 Apr 2009, 6:26 pm
Indiana adopted its limited liability company statute, known as the Indiana Business Flexibility Act, in 1993. [read post]
28 Mar 2020, 8:29 pm
Wilson, and Mark Sklarz of Green & Sklarz LLC will provide business owners and their advisors, including accountant, lawyers, and financial advisors, with key information regarding the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"). [read post]
2 Jan 2018, 1:58 pm
Senate Enrolled Act 443 creates, effective as of January 1, 2018, a new Article 0.6, the Uniform Business Organization Transactions Code, in Title 23 of the Indiana Code. [read post]
