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23 Sep 2018, 10:43 am
This event is open and FREE to the public. [read post]
5 Apr 2010, 1:30 am
The order further provided for liquidation of the combined businesses in the event Plotkin did not comply. [read post]
8 Feb 2009, 9:29 pm
In other words, the member or manager whose expenses are advanced remains at risk of having to reimburse the LLC in the event of an adverse outcome. [read post]
18 Jun 2012, 3:00 am
In the real world, many LLCs are formed without operating agreements, in which event the Form K-1s filed with the LLC's tax returns may be the only reliable evidence of the member's ownership percentages. [read post]
10 Nov 2014, 3:42 am
When not tightly drafted, expulsion provisions in shareholder or LLC operating agreements can cause a lot more trouble than they’re worth. [read post]
5 Apr 2014, 5:21 pm
• The events, if any, upon which the LLC would be dissolved. [read post]
19 Jan 2012, 6:13 am
So all of the events and conversations got me thinking, "How can I "DO GOOD" and "GIVE FIRST"? [read post]
19 Jul 2021, 4:41 am
If they wish, creative drafters of operating agreements, particularly those representing non-controlling members, might consider enumerating in the operating agreement those rights and duties the parties consider truly vital, contravention of which may provide grounds for dissolution under LLC Law 701 (2) permitting dissolution upon the “happening of events specified in the operating a [read post]
3 Jun 2015, 10:01 am
PacPizza sets forth a less-than-candid 'Chronology of Pertinent Events Underlying Appeal' that suggests little transpired in the 17 months between Oregel’s filing of his complaint and PacPizza’s filing of its petition to compel arbitration. [read post]
4 Aug 2013, 5:09 am
It also provided for the retention in escrow of the purchase monies during the revocation period, to be refunded in the event the option is exercised. [read post]
11 May 2010, 7:47 am
You can avoid this by including in your operating agreement a "buy-sell" provision to provide guidelines in the event a member is no longer involved. [read post]
25 May 2019, 9:27 am
The Setai Group LLC, 151298/2014, concerns a tragic event. [read post]
30 May 2019, 7:11 am
First, Jack provides some Paul Harvey-like "rest of the story" details on RERI Holdings I, LLC v. [read post]
27 Aug 2010, 7:33 am
Kevin Bobbitt, director of marketing at iRacing.com, discusses the new feature: Whether you are a driver or a spectator, there’s no more exciting event [...] [read post]
4 Dec 2017, 9:30 am
Rewire (Dec. 2, 2017): Thousands Circle North Carolina's Busiest Abortion Clinic As Anti-Choice Group Marches On, by Robin Marty: Last Saturday, Love Life Charlotte (LLC), a local anti-choice group, conducted its final event of the year. [read post]
29 May 2023, 8:48 pm
Boddie issued a noteworthy Decision and Order in Orange Gowanus LLC v Ben-Yosef involving an action by an LLC member to enforce a right of first refusal to acquire its co-owners’ membership interests upon the LLC’s receipt of an outside offer to purchase the real property owned by the LLC’s wholly-owned subsidiary. [read post]
21 Jan 2008, 11:10 pm
Horning Construction LLC. [read post]
14 Feb 2013, 5:03 am
Source: US CDC Reports widespread flu activity Today’s post comes from guest author Jon Gelman from Jon Gelman, LLC – Attorney at Law. [read post]
5 Nov 2012, 2:00 am
” The Court’s Ruling Justice Sher begins her analysis with a summary of governing legal principles, including: Judicial dissolution of an LLC is an “extreme measure” not to be undertaken merely because the LLC “has not experienced a smooth guide to profitability or because events have not turned out exactly as the LLC’s owners originally envisioned. [read post]
9 Sep 2012, 10:00 pm
MCC contended that he allowed WC to participate in the warehouse purchase solely to assist him in deferring taxes as part of a “Section 1031 exchange”; that it was never intended that WC would hold a beneficial interest in the LLC; and that in any event, in May 2001, WC withdrew all of his capital in the LLC consisting of his initial $193,854 contribution. [read post]
