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10 Oct 2017, 8:00 am
 As for the UCC claim, Section 9-625(b) states that a “transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party. [read post]
23 Sep 2013, 4:51 am by Susan Brenner
Malpass responded by filing a motion to dismiss the federal claims under Rule 12(b)(6) of the Federal Rules of Civil Procedure. [read post]
13 Sep 2011, 2:19 pm by G. Randolph Rice, Jr.
., LLC, at 410-288-2900 to discuss your case and schedule a free consultation.*** Current through chapters of the 2011 Regular Session of the General Assembly that took effect through July 1, 2011 ***COURTS AND JUDICIAL PROCEEDINGS TITLE 3. [read post]
27 Nov 2023, 9:01 pm by renholding
” Takeaways The Charter proceeding follows a similar 2020 SEC settlement with Andeavor LLC that used Section 13(b)(2)(B) to charge an accounting controls violation in connection with a corporate buyback. [read post]
5 Jul 2011, 1:25 pm by WIMS
We hasten to state that we do not fault the district court for basing its dismissal on Rule 12(b)(1) rather than Rule 12(b)(6). [read post]
5 Oct 2023, 3:00 am by Liz Dunshee
In order to facilitate its IPO, Bumble installed an  “Up-C” structure, which resulted in a hybrid entity in which public stockholders’ enjoyed voting & economic rights through ownership of Class A shares, while pre-IPO insiders enjoyed voting rights through  ownership of Class B shares and economic rights through the ownership of their pre-IPO LLC units, each of which were convertible, when accompanied by a Class B share, into shares of… [read post]
25 Aug 2007, 6:53 am
In this case, the Chapter 11 Debtor, who was a dentist, proposed a Chapter 11 plan that would, inter alia, allow him to retain ownership of his interest in his LLC which operated his dental practice and proposed to pay $30,000 on general unsecured claims totaling about $875,000. [read post]
6 Jul 2016, 12:05 pm by Scott Riddle
Debtors were the sole owners of Wetdog LLC, which in turn owns the Foley House Inn in Historic Savannah. [read post]
12 Mar 2009, 10:14 am
Slow day at the Washington Supreme Court today, two opinions: Brogan & Anensen, LLC v. [read post]