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The above examples reflect a member-managed LLC where members of the LLC are responsible for managing the business. [read post]
4 Mar 2013, 7:07 am
Source: Spidell's California Taxletter, Vol 34.11, Nov. 1, 2012. [read post]
6 Oct 2022, 4:11 pm by Race to the Bottom
This is an issue because there is no case law demonstrating that DAO’s will receive limited liability protection as traditional LLCs. [read post]
18 Jan 2021, 2:11 am by Peter Mahler
Under the Agreement and Plan of Merger, Farro did not receive any membership interest in the surviving entity and instead was offered the cash value of his interest and advised of his right to dissent and demand a judicial appraisal proceeding under LLC Law § 1005. [read post]
5 Dec 2022, 4:23 am by Peter Mahler
Daniel Straus is its sole manager and undisputed holder, either directly or through trusts he controls, of a supermajority interest as defined in Care One’s LLC agreement. [read post]
22 Sep 2015, 5:02 am by Guest Blogger
However, if your loss is large enough beyond what you received then this deduction may be another source of relief. [read post]
31 Jul 2012, 8:37 am by arester
Lifshitz has been named general counsel of Wrapports LLC, owner of Sun-Times Media, the company announced Thursday. [read post]
21 Mar 2016, 3:28 am by Peter Mahler
In addition, Justice Emerson credited Bonanni’s testimony that he did not want to withdraw from the LLC, and that he merely wanted to stop serving as its manager, as consistent with the operating agreement’s provision authorizing a member-manager to resign as manager and maintain his membership. [read post]
27 Nov 2012, 11:29 am by Lewis Lazarus
The LLC was owned by the Gatz family, one of whose members ran the entity, Gatz Properties LLC, which managed the LLC. [read post]
28 Jan 2014, 2:24 am by Lawrence B. Ebert
Modestino’s declaration dealt, in part, with a narrower term “receiving a data stream,” the declaration makes clear that a person of ordinary skill would understand that a data stream as disclosed in the written description of the ’747 patent means a data stream received from an external source. [read post]
22 Apr 2024, 1:35 am by Katelynn Minott, CPA & CEO
Management responsibilities: One of the LLP partners must be a “managing partner” with the ultimate responsibility and liability for the business. [read post]
26 Apr 2008, 9:36 pm
The ploy here is that instead of paying managers and officers regular commissions or other types of earned income -- which is subject to ordinary income tax rates of up to 35% -- they are treated as investors who receive a "return" on their "investment" in the LLC, which is taxed at 15% capital gains rates. [read post]
26 Nov 2009, 4:30 am by Keith L. Miller
The SEC also named several other Cook and Kiley entities as relief defendants: Basel Group LLC, Crown Forex LLC, Market Shot LLC, PFG Coin and Bullion, Oxford FX Growth L.P., Oxford Global FX LLC, Oxford Global Managed Futures Fund L.P., UBS Diversified FX Advisors LLC, and UBS Diversified FX Management LLC. [read post]
5 Jun 2019, 5:04 pm by Andrew Murray
On June 3, 2019, the Department of Justice announced that Rialto Capital Management LLC and RL BB-IN KRE (Rialto’s former affiliate) agreed to pay $3.6 million to settle allegations of False Claims Act, Stark Law, and Anti-Kickback Statute violations. [read post]
13 May 2010, 5:00 am by Doug Cornelius
Yosemite Capital Management, LLC and its managing director, Paul H. [read post]