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9 Apr 2011, 3:10 am by SHG
© 2011 Simple Justice NY LLC. [read post]
9 Dec 2019, 7:34 am by Overhauser Law Offices, LLC
LG further argues Potter LLCs claim for unjust enrichment fails because Potter LLC did not provide a benefit to LG at LG’s request. [read post]
2 Apr 2012, 7:00 am by Victoria VanBuren
March 9, 2012) ConocoPhillips Company (“Conoco”) appeals the district court’s judgment confirming an arbitration award favorable to Rain CII Carbon, LLC (“Rain”). [read post]
18 Aug 2010, 6:00 am by Larry Ribstein
So why are LLCs drawn to Delaware’s courts if, as Manesh concludes, there’s relatively little those courts need to do for LLCs? [read post]
14 Jul 2020, 2:20 pm by IncNow
What Does Apostille Mean, Exactly? [read post]
15 Apr 2010, 6:47 am by David Hiersekorn
 That doesn’t mean it will be pretty, but at least it’s there. [read post]
13 Mar 2023, 4:33 am by Peter J. Sluka
Then when a dispute arises, a court’s first instinct is to scrutinize the same document that the owners may not even have read when the LLC was formed. [read post]
11 Aug 2014, 3:32 am by Peter Mahler
The executor contended that Tzolis‘s conferral of standing to sue derivatively should apply equally to a non-member with an ownership interest, otherwise there would exist no means of redress for alleged wrongdoing by the LLCs managers. [read post]
26 Sep 2022, 3:49 am by Peter Mahler
The statutes authorizing judicial dissolution of Delaware LLCs (LLC Act § 18-802) and New York LLCs (LLC Law § 702) essentially are the same: the petitioner must show that it is no longer “reasonably practicable” to carry on the business in conformity with the LLCs operating agreement. [read post]
11 Dec 2017, 3:28 am by Peter Mahler
When New York amended its withdrawal provision, LLC Law § 606, it included a new subsection “b” grandfathering LLCs formed before the amendment’s 1999 effective date, meaning that withdrawal under the “old” § 606 and fair-value buyout under LLC Law § 509’s default rule remain available for members of pre-1999 LLCs — so long as not otherwise… [read post]
2 Dec 2012, 5:26 am by Law Insider
It’s often harder to transfer ownership of an LLC than a corporation, which is also not a benefit of an LLC. [read post]
7 Mar 2022, 5:55 am by Barry & Barall, LLC
Barry & Barall, LLC recently won a motion to dismiss based on a petitioner’s lack of standing in the court. [read post]
16 Jun 2022, 2:18 pm by Zamansky LLC
Koch’s victims against UBS for failure to supervise and respondeat superior (which, in simple terms, means that UBS should be held responsible for the acts of their agents/advisors). [read post]
19 Oct 2023, 12:28 pm by Silver Law Group
In it, the SEC requested to obtain emergency relief, freezing assets, and a temporary restraining order against several defendants to stop the ongoing fraud: Nanban Ventures LLC, and its three founders: Gopala Krishnan (aka “GK”) Manivannan Shanmugam Sakthivel Palani Gounder GSM Eternal LLC, aka Northstars Fintech Himalayan Fintech LLC, Centum Fintech LLC , aka Sunshines Fintech Because the SEC acted quickly and froze the assets, financial recovery… [read post]
28 Jan 2011, 3:51 pm
This means that creditors cannot attach the assets owned by the LLC; rather, they only have an interest in the distributions made by the LLC. [read post]