Search for: "May v. Asset Acceptance, LLC" Results 21 - 40 of 378
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29 May 2023, 8:48 pm by Peter Mahler
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]
9 May 2023, 9:01 pm by renholding
Note that, consistent with the general approach to advance notice bylaws, stockholder nominees typically may be disqualified by the board if the advance notice bylaws are not complied with. [read post]
8 May 2023, 4:01 am by Peter Mahler
Second, there’s the appraisal proceeding under BCL § 623 triggered by a shareholder’s, LLC member’s, or limited partner’s dissent from a merger, consolidation, or sale of all or substantially all the firm’s assets. [read post]
17 Apr 2023, 4:01 am by Peter Mahler
The assets addressed in the Postnup include Bruno’s approximate 99% membership interest in a Delaware limited liability company called Grenelle, LLC that holds around 400,000 Bic shares apparently worth tens of millions, as well as ownership of a Paris apartment then valued over $10 million. [read post]
28 Mar 2023, 11:11 am by Bobby Dexter
That payment prompted an IRS agent to surmise that Polselli might be shielding his assets – for example, using his LLC, other entities, or trusted individuals. [read post]
20 Mar 2023, 2:56 am by INFORRM
Easylife accepts the ICO’s findings and has agreed to pay the reduced fine. [read post]
20 Feb 2023, 4:46 am by Peter Mahler
Not according to the Appellate Division, First Department’s decision last week in Srivatsa v Rosetta Holdings LLC. [read post]
13 Feb 2023, 5:59 am by Kevin LaCroix
[v] The court also considered Delaware’s strong interest in providing a forum for disputes regarding the internal affairs of LLCs formed under its laws. [read post]
5 Feb 2023, 5:12 pm by Francis Pileggi
  In an effort to resolve the disputes, T&S sent RLC an offer to trigger a buy/sell purchase option under the LLC agreement–but that was not accepted and did not result in either a purchase or a sale of either member’s interest. [read post]
20 Nov 2022, 11:03 pm by Peter Mahler
Chernomordik v Ocean Sand Development, LLC, decided earlier this month by Brooklyn Commercial Division Justice Leon Ruchelsman, presents one of the more intriguing examples of a dissolution case highlighting the centrality of the purpose clause in a realty holding LLC’s operating agreement. [read post]
3 Nov 2022, 11:00 pm by Daniel Jin
Credits secured by fiduciary transfer/assignment (alienação e cessão fiduciária) enjoy the best protection in case of insolvency of the borrower (the law provides that such security is bankruptcy remote, although depending on the nature of the asset subject to the security, it may not be enforced during the stay period). [read post]
26 Oct 2022, 4:26 am by CMS
In this post, Alex Tubbs, an Associate in the CMS Disputes team, comments on the UK Supreme Court’s decision in BTI 2014 LLC v Sequana SA & Ors [2022] UKSC 25, handed down by the Supreme Court on 5 October 2022. [read post]