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25 Apr 2016, 3:17 am by Peter Mahler
 “Here,” she wrote, the Company’s LLC agreement does so as well, and the New Jersey court’s recent appointment of a fifth, tie-breaking Director provides a path for management to reasonably permit or promote the stated purpose of the Company to be realized or achieved and for the Company to proceed profitably. [read post]
27 Mar 2014, 6:20 am by Jonathan R. Macey, Yale Law School,
” [1] Similarly, courts also recognize that it is perfectly legitimate to create a corporation or other form of limited liability company business organization such as an LLC “for the very purpose of escaping personal liability” for the debts incurred by the enterprise. [2] Click here to read the complete post... [read post]
25 Jun 2011, 7:28 pm
Many new business owners seek to protect themselves from personal liability by setting up corporations, the most popular being Limited Liability Company (or LLC). [read post]
30 Apr 2017, 10:00 pm by Phyllis Entis
Evanger’s Dog & Cat Food Company Inc. is suing Bailey Farms LLC, claiming that the meat supplier was at fault for a euthanasia drug found in Hunk of Beef and Against the Grain dog foods made by Evanger’s. [read post]
12 Aug 2015, 6:09 am by SHG
  Even the companies that make the phones can’t get squat. [read post]
1 Nov 2013, 12:57 pm by Maura Greene
A Severance Agreement is usually drafted in the company’s favor. [read post]
1 Nov 2013, 12:57 pm by Maura Greene
A Severance Agreement is usually drafted in the company’s favor. [read post]
17 Jul 2011, 1:22 pm
The label on the packaging lists the company name Global Wellness, LLC, Hollywood, Florida. [read post]
25 Oct 2017, 6:03 am
Media coverage dramatically frames the “showdown” of prominent and press-savvy activists taking on companies as both sides seek the upper hand on the way to the ballot box. [read post]
28 Apr 2014, 3:10 am by Peter Mahler
DeStefano in which the court addressed the question whether the non-managing member of a New York limited liability company owes any fiduciary duty to the LLC or its other members. [read post]
22 Nov 2021, 4:35 am by Peter Mahler
The subject company in the lawsuit is Island Management, LLC, a manager-managed Connecticut LLC co-owned equally by the six trusts and created to oversee and build the family’s assets held by a separate family-owned holding company. [read post]
18 Jan 2007, 6:47 am
If an industry code of conduct were to emerge that has real bite to it, and where NGOs and investors and academics are on hand to ensure that signatory companies live up to it, the results could be far better. [read post]
8 Feb 2011, 1:38 am by Randall Reese
 By comparison, Old Carco LLC (which was formerly known as Chrysler LLC) has filed 53 omnibus claims objections in its cases which have been running for several months longer than GM's bankruptcy cases (Chrysler has also filed a number of additional non-omnibus objections).Other than being the 200th omnibus claims objection, the pleading itself is not particularly noteworthy, as it covers nothing more than a handful of proofs of claim which GM asserts are based… [read post]
1 Jun 2010, 9:56 pm by Michael Atkins
 Defendant Teupen America, LLC, rents and sells track-mounted aerial lift machinery in connection with the term “spiderlift” and applied to register the mark THE SPIDERLIFT COMPANY. [read post]