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23 Mar 2020, 12:24 am
One other tidbit for those who don’t read the prior posts: If you’re wondering why the LLC’s three members holding an aggregate 75% membership interest had to seek judicial dissolution as opposed to dissolving voluntarily, the answer lies in the LLC’s operating agreement which required a super-majority in excess of 75%, i.e., unanimity, to dissolve voluntarily. [read post]
9 Aug 2010, 9:57 pm
Related then seeks to have a trial about whether JER Snowmass complied with this supposed fiduciary duty and to hold JER Snowmass liable if its refusal to give consent was adverse to the best interests of the LLCs. [read post]
24 Jun 2011, 10:34 am
Tomassi Law Associates, LLC is a Rhode Island based law practice with offices in Wakefield, Warwick and North Providence, RI. [read post]
16 Jan 2017, 9:00 pm
Kansas City Landsmen, LLC, 833 F.3d 969, 974–75 (8th Cir. 2016). [read post]
7 Dec 2009, 1:01 pm
December 7, 2009 - Striker Petroleum, LLC, a Dallas based oil and gas company controlled by Mark S. [read post]
14 Dec 2009, 11:47 am
Acceleron LLC after the jump. [read post]
19 Jul 2020, 7:00 pm
WHC Ventures, LLC, Del. [read post]
28 Jun 2010, 4:00 am
The lower court denied the motion as to the fiduciary breach claim on two, separate bases. [read post]
14 Mar 2012, 2:47 pm
Tradesmen Contractors, LLC et al., the court broadly interpreted the preemption clause in the Uniform Trade Secrets Act (“UTSA”) to hold that it “preempts claims based on the unauthorized use of information, irrespective of whether that information meets the statutory definition of a trade secret. [read post]
4 Apr 2016, 6:25 am
In early, Gibson, who had previously advised the fund through a Georgia registered investment adviser called Geier Group, LLC, caused the fund to purchase large quantities of Tanzanian Royalty Exploration Corporation (“TRX”), and Alberta, Canada based gold mining resource company that has never been profitable. [read post]
1 Jun 2015, 3:27 am
Under LLC Law § 702’s standard for dissolution as pronounced by the Second Department in the 1545 Ocean Avenue case, and under First Department case law (Doyle v Icon and more recently, Barone v Sowers) holding that a non-controlling member’s exclusion from management by itself does not constitute a valid claim for LLC dissolution, it’s difficult to see how the sparse allegations in the Koch petition could survive a motion to dismiss. [read post]
10 Sep 2014, 7:25 am
The SEC charged a Minneapolis-based hedge fund manager, his investment advisory firm, and an accomplice with bilking investors in two hedge funds out of more than $1 million under the guise of research expenses and fees. [read post]
18 May 2012, 10:38 am
RAA Management LLC v. [read post]
13 Mar 2018, 3:07 pm
That holding appears in tension with prior Federal Circuit holdings, such as Intellectual Ventures I LLC v. [read post]
10 Sep 2020, 12:34 pm
Two whistleblowers will split a $1.48 million reward for their help uncovering fraud and false claims at CWD Holdings LLC, an aftermarket car and truck parts company based out of California. [read post]
14 Jan 2022, 2:17 am
On 20 October 2021, the Supreme Court delivered its judgment in FS Cairo (Nile Plaza) LLC v Brownlie [2021] UKSC 45. [read post]
5 Jan 2012, 12:06 pm
Diagnostics, LLC, 594 F. [read post]
15 Mar 2010, 4:00 am
The LLC's 1999 and 2000 tax returns identified WC and MCC as holding 25% and 75% interests, respectively. [read post]
17 Apr 2023, 4:01 am
Children-members argue mother merely holds economic interest in LLC. [read post]
26 Mar 2010, 1:04 pm
Background: Gutchess Companies, LLC (the “LLC”) was created in 2002 as an estate planning vehicle to hold Homer C. [read post]
