Search for: "Provident Operating Company, LLC"
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5 Dec 2022, 4:23 am
The case involves a family-owned company organized in the late 1990s as a Delaware LLC that owns and operates skilled nursing homes and assisted living facilities. [read post]
30 Mar 2008, 6:26 am
And, the Operating Agreement did not provide that any fiduciary duties were owed by the manager to the members themselves. [read post]
16 Apr 2014, 8:22 am
This situation normally arises where a company has taken a loan to fund its operations. [read post]
1 Jul 2009, 2:38 pm
Nebraskans Paul and Alicia Garnett invested in LLCs and LLLPs that operated farming businesses in Iowa. [read post]
13 Sep 2011, 11:38 am
Membership Interests, Operating Agreement; Operating Agreement; LLC [read post]
24 Sep 2018, 2:31 am
He provides no factual support or basis which would support an allegation that the individual defendants are unable or unwilling to promote the purpose of the LLCs or that it is not reasonably practicable to carry on the business of the LLCs in conformity with the operating agreements. [read post]
18 Jul 2008, 6:28 pm
This is from Ward on Iowa Limited Liability Company Law.Granting an LLC manager the power to "execute" instruments (for example, a promissory note) does not mean the manager has discretionary authority to borrow money on behalf of the LLC, so says the Kansas Court of Appeals in Sunflower Bank v. [read post]
18 Nov 2019, 3:47 am
The complaint alleges that the LLC dissolved under the terms of the operating agreement upon the death intestate of one of the original members in 2007; that the deceased member’s economic interest passed by operation of law to his niece and nephew who “never became members of the Company”; and that “in order to wrongly perpetuate their own lucrative management fees and other self-dealing, Defendants have failed and refused to… [read post]
4 Aug 2010, 12:44 pm
Digital LLC guides entrepreneurs in building the two main components that govern the management of an LLC: the Operating Agreement and the Articles of Organization. [read post]
31 Aug 2020, 4:56 am
Can LLC members adopt language in the operating agreement providing that the company’s payment of a put option price is not a distribution? [read post]
24 Jul 2017, 3:41 am
Unless there’s an LLC agreement that provides otherwise, isn’t the LLC’s existence perpetual by default? [read post]
14 Jun 2021, 4:32 am
He also owned a property management company. [read post]
11 Sep 2021, 8:16 am
” Anthony and Zachary moved for leave to reargue, asking the Court, in effect, to disregard Section 10.1 of the Operating Agreement because the parties in the past often made modifications without unanimous written consent, arguing that strict enforcement of Section 10.1 “destroys the company while a modification to it allowing for a vote [of the majority] maintains the status quo and allows the LLC to continue in operation. [read post]
2 Feb 2022, 7:18 am
Michigan, January 28, 2022) The post Strip club operator wins motion in domain name dispute against GoDaddy company appeared first on Evan Brown. [read post]
25 Jun 2021, 11:51 am
IncNow provided four responses. [read post]
14 Oct 2020, 7:33 am
The original Delaware model only provided for Protected Series establishment by Operating Agreement. [read post]
20 Nov 2022, 11:03 pm
Section 2.4 provides that the “term of the Company shall be perpetual. [read post]
3 Jun 2019, 3:27 am
Todd then filed a state court petition for judicial dissolution of Catalyst in which he alleged that the company was insolvent and could no longer operate because Tony refused to work with the other managers. [read post]
15 Jul 2014, 4:28 pm
Moreover, the new California Revised Uniform Limited Liability Company Act, effective as of January 1, 2014, provides that an out-of-state LLC “may” register in California and does not impose penalties for failing to do so. [read post]
15 Jul 2014, 4:29 pm
Moreover, the new California Revised Uniform Limited Liability Company Act, effective as of January 1, 2014, provides that an out-of-state LLC “may” register in California and does not impose penalties for failing to do so. [read post]
