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5 Nov 2017, 6:02 am by Wolfgang Demino
That does not mean that the obligation no longer exists in a legal sense, but the current market value of the “distressed asset” is a fraction of the nominal amount of the debt, i.e. the charge-off balance. [read post]
5 Nov 2017, 6:02 am by Wolfgang Demino
That does not mean that the obligation no longer exists in a legal sense, but the current market value of the “distressed asset” is a fraction of the nominal amount of the debt, i.e. the charge-off balance. [read post]
18 Oct 2017, 8:08 am by Matthew Odgers
Limited Liability Company: An LLC is a hybrid structure and works more like a corporation, but profits and losses are passed through. [read post]
10 Oct 2017, 2:58 am by Wolfgang Demino
    The Shamoun-Hill dispute is as atypical as it can get, but this Court’s resolution thereof will likely impact the vast majority of cases in which the amount in controversy is less than $50,000 and the market-based hourly fee rate would be in the $150-$500 range. [read post]
17 Aug 2017, 7:12 am by Renae Lloyd
The four Texas REITs, have combined assets of $1.3 billion but have not issued financial reports since November 2015. [read post]
5 Aug 2017, 11:50 am by Wolfgang Demino
., LLC, 837 F.3d 918, 932 (8th Cir. 2016) (finding viable FDCPA claims based on amounts "misstated by $1.29, $1.84, and $0.65" because "there [i]s no de minimis exception to FDCPA liability based upon low dollar amounts").[4]FULL TEXT OF DISSENTING OPINION  STEPHEN A. [read post]
14 Jul 2017, 5:38 am by Renae Lloyd
The four Texas REITs have combined assets of $1.3 billion but have been inconsistent with filing of financial reports since November 2015. [read post]
27 Jun 2017, 11:15 am by Steven Buchwald
The corporate filings effectively establish a legal wall between assets of the company and the assets of its owners and employees: The corporation is responsible–and not the individuals who work for it. [read post]
25 May 2017, 11:56 am by Renae Lloyd
The company has an interest in acquiring underdeveloped and undervalued assets located primarily in the lower 48 states. [read post]
8 May 2017, 3:27 am by Peter Mahler
In a subsequent order, Justice Ramos determined that the Tendering Member also was entitled to recover his legal fees as provided in the LLC agreement’s dispute resolution provision. [read post]
8 May 2017, 3:27 am by Peter Mahler
In a subsequent order, Justice Ramos determined that the Tendering Member also was entitled to recover his legal fees as provided in the LLC agreement’s dispute resolution provision. [read post]
10 Apr 2017, 10:23 am by Kayla A. Haines, Esq.
Partition or Sale of the Company or Its Assets The prospect of partition of the business or an involuntary sale of the company or its assets, may also compel disagreeing members or managers to forge a resolution of the deadlock. [read post]
6 Apr 2017, 11:56 am by Renae Lloyd
Lightstone Value Plus REIT III invested in hotels, as well as in other types of properties and real estate related assets. [read post]
29 Mar 2017, 6:59 am by Renae Lloyd
When a broker violates industry rules, his or her employer may be liable for negligent supervision and responsible for investment losses in a FINRA dispute resolution claim. [read post]
23 Mar 2017, 8:11 am by IncNow
The personal assets of company owners are protected under Delaware’s strong and well-proven asset protection shield, which applies to both Delaware corporations and Delaware LLCs. [read post]
23 Mar 2017, 3:38 am by Daniel Bussel
Court of Appeals for the 2nd Circuit in In re Iridium Operating LLC, which approved an interim priority-deviating settlement on a gifting theory, may give gifting proponents heart. [read post]