Search for: "Provident Operating Company, LLC"
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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, 4:29 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]
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]
27 Oct 2008, 12:00 pm
The link is provided above. [read post]
26 Nov 2010, 6:07 am
The court has entered default judgments against corporate defendants Your Money Access LLC, and YMA Company LLC. [read post]
27 Sep 2020, 6:58 am
In manager-managed LLCs, unless otherwise dictated in the operating agreement or company formation documents, a member of the LLC can serve as a manager. [read post]
27 Apr 2009, 6:26 pm
We also provide convenient, fixed pricing for certain business formation legal services. [read post]
25 Jan 2019, 9:09 am
In most states, unless the operating agreement incorporates a right of dissent, the remedy is not available to a minority LLC member. [read post]
30 Mar 2022, 5:12 am
Kelly Land Company, LLC v. [read post]
4 Feb 2008, 3:30 am
Closely held companies with multiple owners actively involved in the business sometimes use employment agreements between the company and the owners, separate and apart from the shareholders’ agreement (for corporations) or operating agreement (for LLCs). [read post]
16 Oct 2014, 8:25 am
Another section of the corporations code (old 17355, now replaced by 17707.1 ), states that an LLC shall be dissolved when it provides so in the operating agreement, when the members vote to dissolve, or a court issues a decree of judicial dissolution. [read post]
8 Jun 2009, 4:30 am
Tierney (read here my post on Seneca), he contended that deadlock between two 50% managing members of an LLC cannot provide a basis for dissolution where the LLC's sole purpose is to be a passive investor in another company. [read post]
19 Apr 2021, 4:03 am
The operating agreement provided Moskowitz with authority to determine when and if to make distributions, and the court will not second guess a decision protected by the business judgment rule. [read post]
13 Nov 2023, 4:07 am
Since 1999 there have been no amendments to the LLC Law’s provisions regulating intra-company member relations. [read post]
26 Aug 2014, 3:00 am
Dart Cherokee Basin Operating Co., LLC v. [read post]
11 Jan 2022, 10:00 am
The legal technology company Litera has acquired Lynch Marks LLC, a California company that is the developer of PS/Ship, a provider of software for management of shipping and invoicing for law firms and professional services firms. [read post]
20 Sep 2018, 6:32 am
Significantly, after concluding that the LLC Agreement was silent as to the payout for a forced-out member, the Court looked not only to the Delaware Limited Liability Company Act (the “LLC Act”) but also to the Delaware Revised Uniform Partnership Act (the “Partnership Act”) for guidance because Domain operated in a manner akin to a general partnership, as distinct from other governance structures. [read post]
26 Apr 2024, 12:15 am
Code § 17703.04(b)) specifically provides that the failure to hold meetings of members or managers or the failure to observe formalities in respect of meetings are not be be considered when the articles of organization or operating agreement do not expressly require the holdings of meetings or managers. [read post]