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7 Nov 2011, 3:00 am by Peter A. Mahler
 The petitioner in Gold is a 25% member and the respondent Kanter is a 75% member of a member managed LLC called Cosmo Holdings LLC formed in 2007 to invest in other companies. [read post]
23 Aug 2008, 1:13 pm
For example, the LLC Act does NOT allow the waiver of the "implied duty of good faith and fair dealing". [read post]
29 Jul 2013, 10:23 am by JP
So, instead of walking up to the bargaining table as a multi-billion dollar company, we can be EM LLC, and no one would be the wiser.When you buy real property, there is usually (hopefully) a deed. [read post]
21 Jan 2008, 11:10 pm
Section 509 of the New York Limited Liability Company Law states that if a member withdraws from the LLC, where there is no operating agreement, he can get fair market value for his interest. [read post]
July 13, 2020) This case illustrates that the Court of Chancery will apply the entire fairness standard to review a squeeze-out merger by a controller, if the controller engages in substantive economic discussions before the company has enacted the procedural protections outlined in Kahn v. [read post]
12 Nov 2013, 11:49 am by Arina Shulga
Other times, the price will equal to the fair market value, to be determined by one or more appraisers. [read post]
6 Jul 2021, 3:58 am by Jonathan Bench
U.S. companies are commonly corporations or LLCs and carry designations like Inc, Corp, and LLC. [read post]
28 Apr 2009, 12:05 am
PRNewswire (April 27): The US Court of Appeals for the Fourth Circuit issued a published decision on April 16 affirming a lower court's finding of fair use for iParadigms, LLC, the company that provides Turnitin, in a closely-watched copyright infringement case brought by four high school students.(...)In March 2008, the students' case had been dismissed by US District Judge Claude Hilton when he issued a summary judgment stating that Turnitin's use of… [read post]
30 Aug 2010, 2:07 pm by structuredsettlements
("AIG"), has agreed to buy up to $250,000,000 in structured settlements( payment rights) each year through May 2013, from Imperial Holdings, LLC***, a factoring company in Boca Raton, FL. [read post]
2 Dec 2013, 5:25 am
Commission of Internal Revenue, was the value of a deceased individual's interest in a limited liability company. [read post]
17 Jul 2023, 8:00 am
Red Barchetta LLC, Civil Action No. 2:23-cv-8 TSK), and shortly thereafter announced a settlement of the litigation for $40,000 in damages payable to the former employee and an injunction (or “consent decree”) preventing the company from engaging in such misconduct in the future.In a written statement, EEOC regional attorney Debra Lawrence, noted, “The EEOC commends Red Barchetta for working cooperatively with the agency to fashion a mutually acceptable settlement… [read post]
30 Jul 2012, 1:00 pm by Maura Greene
The post Severance Agreements and Collecting Unemployment Benefits appeared first on Law Office of Maura Greene, LLC. [read post]