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24 Jun 2013, 3:22 am
” Here’s what the court said: In the context of SET’s business purpose, defendants’ decision to transfer SET property to BACCC and receive BADC’s promissory notes clearly fell within the ordinary meaning of a management decision. [read post]
26 Oct 2011, 7:00 am
One ever-present challenge with LLC's is that forcibly grafting corporate concepts and structures into the LLC format is counterproductive at best. [read post]
26 Apr 2021, 10:43 am
ShareOn Tuesday, the Supreme Court will hear oral argument in HollyFrontier Cheyenne Refining, LLC v. [read post]
15 Nov 2006, 7:25 am
To the extent the court means what it says and is willing to hold LLC managers liable on corporate piercing theories, there is even less rationality to the result. [read post]
15 Jun 2020, 2:21 pm
Here’s the definition of incorporating, plus what it means to incorporate. [read post]
22 Jun 2015, 3:22 am
It’s an unusual case in which, in July 2012, the LLC’s majority members brought suit in the LLC’s name against a minority member for breach of fiduciary duty and damages, and also seeking judicial dissolution under LLC Law § 702. [read post]
20 Feb 2020, 10:44 am
On February 18, 2020, the SEC announced that it had sued EquiAlt LLC (as well as EquiAlt Fund, LLC, EquiAlt Fund II, LLC, EquiAlt Fund III, LLC, and EA SIP, LLC), owner and CEO Brian Davison, and managing director Barry Rybicki in federal court. [read post]
13 Oct 2020, 6:21 am
That means an investor could hypothetically turn a $100,000 investment into $400,000 or more in tax deductions. [read post]
29 Apr 2011, 4:00 am
The Case of the Day, AT&T Mobility LLC v. [read post]
3 May 2012, 9:09 am
I often know what they mean, even though there really is no such thing incorporating a S corporation here in Georgia. [read post]
20 Jun 2008, 11:00 am
Applicant's own evidence shows that this meaning is associated with Irish folklore or mythology. [read post]
31 Mar 2017, 3:45 am
The Federal Circuit heard the case on TVIIM, LLC v. [read post]
18 Dec 2020, 4:55 pm
What Does “MMI” Mean? [read post]
29 Jul 2016, 10:29 am
The Utah Court of Appeal recently issued a decision in the case of Clearwater Farms LLC v. [read post]
19 Feb 2011, 2:30 am
AM Business Solutions LLC, FA0909001284557 (Nat. [read post]
5 Apr 2018, 7:08 am
Orca Assets GP, LLC, No. 15-0712, an interesting exposition on the value and risks of including no-warranty language in an oil and gas lease. [read post]
8 Jul 2012, 10:00 am
This means that even though an S corporation can have voting and non-voting shares, it is not possible for an S corporation to issue preferred stock, since it would have different rights to distributions and a different liquidation preference than common stock. [read post]
25 Feb 2020, 12:33 pm
Recommendations should be in line with the investor’s age, risk tolerance, net worth, and investment experience. [read post]
19 Aug 2016, 10:02 am
Related Cases: Triple7Vaping.com, LLC et al. v. [read post]
2 Feb 2009, 4:00 am
Chandler III's carefully reasoned decision in Fisk Ventures, LLC v. [read post]