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24 Sep 2018, 2:31 am
Not according to Manhattan Commercial Division Justice Saliann Scarpulla whose decision last month in Yu v Guard Hill Estates, LLC, 2018 NY Slip Op 32008(U) [Sup Ct NY County Aug. 15, 2018], dismissed a minority member’s claim for judicial dissolution of two family-owned, realty-holding LLCs under Section 702 of New York’s LLC Law. [read post]
9 Jun 2022, 3:03 am
By placing LLC membership interests in a trust, business owners can combine the two types of legal entities and enjoy the best of both worlds. [read post]
9 Dec 2020, 7:27 am
Fundamentally, there are two organizational documents essential to every LLC formation. [read post]
13 Oct 2020, 7:45 am
Fundamentally, there are two organizational documents essential to every LLC formation. [read post]
13 Jan 2020, 1:25 pm
You should be careful when following the state’s pre-printed or online forms. [read post]
3 Aug 2018, 11:55 am
You should be careful when following the state’s pre-printed or online forms. [read post]
15 Feb 2019, 11:41 am
You should be careful when following the state’s pre-printed or online forms. [read post]
11 Nov 2024, 4:00 am
For those interested in learning the intricacies of the LLC laws directly from the experts, I highly recommend attending the two-day conference. [read post]
30 Mar 2008, 6:26 am
In the absence of careful drafting of the organizational documents, however, in the LLC context, members may find the fiduciary duties they expect to protect them, non-existent. [read post]
10 Mar 2009, 11:15 am
Last Spring, we profiled two Circuit Court decisions in Virginia that addressed whether members of Virginia Limited Liability Companies owed fiduciary duties to each other. [read post]
21 Jul 2011, 7:09 pm
These two types of entities differ significantly in how they are governed. [read post]
19 Feb 2021, 9:41 am
A recent Delaware Court of Chancery decision provided an exemplary analysis of when a deadlock in an LLC might be the basis for a dissolution. [read post]
1 Sep 2010, 6:14 am
So what do you care what a Delaware court says? [read post]
30 Mar 2010, 6:22 pm
If you are wondering who cares about the record keeping stuff, the answer is the plaintiff’s attorneys and IRS care about your record keeping. [read post]
13 Nov 2014, 8:13 pm
The Office of Inspector General of HHS recently announced that it had settled with two health care providers allegations that the companies employed individuals who had been excluded from participating in federal health care programs. [read post]
18 Jun 2010, 5:28 am
Straus co-founded a Medicare managed care company, Aveta. [read post]
18 Jan 2018, 9:17 am
More states are adopting the Series LLC, such as Virginia and Arizona who are proposing to be the next two states to adopt the laws. [read post]
28 Jun 2019, 2:23 pm
The two main types are Chapter 13 and Chapter 7. [read post]
20 Sep 2018, 3:39 am
Hanging a shingle starts with an idea that develops into a business plan, but not without careful financial and legal considerations. [read post]
27 Jun 2010, 8:15 am
Two of the seven justices dissented. [read post]
