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1 Mar 2021, 6:56 am by Shannon O'Hare
Thus, the calculation of the gain subject to CGT is made as if the company has actually disposed of its immovable property. [read post]
28 Dec 2020, 4:30 am by Peter Mahler
” Lazar v Attena LLC  This case involved several member-managed, realty-holding LLCs that had fully disposed of their realty assets and distributed all of the net proceeds, yet found themselves the subject of a dissolution petition by one of the three members claiming that the other two had wiped off the books debt owed by them to the LLCs. [read post]
13 Nov 2020, 12:05 pm by Law Lady
AMERICAN SOCIETY OF COMPOSERS, AUTHORS AND PUBLISHERS (ASCAP) and JK ENTERTAINMENT, LLC, Appellees. 3rd District. [read post]
14 Sep 2020, 3:44 am by Peter Mahler
Under the shareholders’ agreement, however, if Chain desired to dispose of her interest, she had to first offer to sell it to the corporation or the other shareholders at the price set at the last annual shareholders meeting. [read post]
15 May 2020, 5:57 am
COMMERCIAL PROPERTY – AMMONIA LEAK – DIRECT PHYSICAL LOSS – EQUIPMENT BREAKDOWN – EQUITABLE ESTOPPELSatisPie, LLC v. [read post]
20 Apr 2020, 4:10 am by Peter Mahler
In addition, the withdrawal of Faction #1 did not trigger dissolution under an express provision in the operating agreement continuing the LLC’s existence upon member withdrawal unless the company had no other members for 90 days post-withdrawal, which was not the case. [read post]
In California, for example, the CCPA includes biometric information as a specific category of personal information, and following a change in 2019, a breach of biometric information could trigger a notification requirement. [read post]
27 Jan 2020, 3:58 am by Peter Mahler
The Choi case also contains echoes of decisions I’ve written about involving close corporations with shareholder agreements containing compulsory or optional buyout provisions for shareholders who seek to “dispose” of their stock which, depending on the breadth of the wording used, courts on occasion have held are triggered by the filing of a petition for judicial dissolution. [read post]
10 Dec 2018, 3:16 pm by Kevin LaCroix
  All the criminals Wick encounters seem to accept the coins – which can pay off expenses ranging from a bar tab to an invoice from the contractor Wick hires to dispose of the typically 20-30 bodies he leaves behind after a particularly deadly negotiation or dispute. [read post]
26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 To the extent that a member is transferring or disposing of assets, most operating agreements require prior written consent to pledge or otherwise transfer or dispose of substantial assets of the company, or incur indebtedness by the company other than in the ordinary course of business. [read post]
26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 To the extent that a member is transferring or disposing of assets, most operating agreements require prior written consent to pledge or otherwise transfer or dispose of substantial assets of the company, or incur indebtedness by the company other than in the ordinary course of business. [read post]
12 Oct 2018, 11:20 am by IncNow
Should the LLC continue or should it automatically trigger cancellation? [read post]
11 Jun 2018, 2:44 am by Kevin LaCroix
John Reed Stark As the cryptocurrency phenomenon has developed, one of the interesting parts of the story has been the relationship between the digital currency firms and the lawyers that advise them. [read post]
7 May 2018, 10:25 pm by Wolfgang Demino
 at ¶ 16)In 2014, the owners of the beneficial interests in the Trusts were an affiliate of Citibank named SL Resid Holdings, LLC ("Citibank';) and NC Owners, LLC ("NC Owners") (collectively, the "Owners"). [read post]