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3 Sep 2021, 12:35 pm by IncNow
Delaware Courts will enforce the LLC Operating Agreement governing the company as written, even if unfair to your business partners. [read post]
11 Apr 2016, 3:24 am by Peter Mahler
Some Additional Thoughts Unlike the rules governing corporations, the “pick your partner” principle is given full force in LLC statutory and case law. [read post]
17 Aug 2020, 4:36 am by Peter Mahler
Court Upholds LLC Member’s For-Cause Expulsion In Tradesman Program Managers, LLC v Doyle, 2020 NY Slip Op 32452(U) [July 24, 2020], the plaintiff LLC, which serves as a managing general agent for domestic insurance carriers, sought a declaratory judgment validating its for-cause expulsion of the defendant member pursuant to provision in the operating agreement defining “cause” to include a felony conviction. [read post]
12 Aug 2019, 3:22 am by Peter Mahler
” Delaware Chancery Court Dissolves Failing Limited Partnership Based on General Partner’s Non-Cooperation with Receivers In GMF ELCM Fund, L.P. v ELCM HCRE GP LLC, C.A. [read post]
28 Jun 2010, 4:37 am by Randy Coleman
  Under the common law of Florida, and most other states, partners have a fiduciary duty to each other that is the highest duty owed under the law. [read post]
9 Mar 2020, 3:50 am by Peter Mahler
Article 12 of New York’s Limited Liability Company Law authorizes the formation of professional service limited liability companies (PLLC). [read post]
9 Nov 2009, 4:48 pm
However, in 2004, Teton sold its Russian operations to its partner. [read post]
8 Jul 2010, 10:00 am by Katherine Scanlon
 A & O Life Funds Management, LLC is a Delaware limited liability company that served the general partner of A & O Life Funds, LP. [read post]
Thus, in the absence of properly drafted Partnership and Operating Agreements, any existing owner of a Partnership may be economically liable for the unpaid tax of former partners/members of the Partnership. [read post]
10 Nov 2019, 6:10 am by Renae Lloyd
CVR Partners LP (UAN), is a growth-oriented limited partnership formed by CVR Energy, Inc. to own, operate and grow our nitrogen fertilizer business. [read post]
24 Oct 2019, 12:14 pm by D. Daxton White
The Partnership operates in three business segments: Natural Gas Services, NGL Logistics and Wholesale Propane Logistics. [read post]
12 Mar 2009, 8:46 am
Bain Capital LLC, which has made more than $100 billion of investments since its founding in 1984, has hired restructuring specialists AlixPartners LLP and Miller Buckfire & Co. to help salvage its $3.2 billion 2007 takeover of Tampa, Florida-based OSI Restaurant Partners Inc. [read post]
8 Mar 2007, 10:45 pm
Saperston, III of Buffalo New York, a partner in Forge Consulting, LLC sent this letter to one or more members of the Rhode Island Trial Lawyer Association. [read post]
7 Jul 2008, 11:30 am
  The assets of SV LLC and SVS were commingled and the entities operated as one. [read post]
17 Nov 2014, 3:34 am by Peter Mahler
“Since a limited liability company is operated with the flexibility of a partnership,” Justice Bucaria wrote on that occasion, “a court is similarly reluctant to intercede in a dispute between the members, absent dissolution of the company. [read post]