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29 Jul 2013, 10:23 am by JP
Again, LLCs require disclosure statements, so it really depends how many layers of the onion you are willing to place between yourself and the potentially prying 3rd party. [read post]
24 Aug 2009, 4:00 am by Peter A. Mahler
Section 18-305(a)(1) of Delaware's LLC Act gives each LLC "member" defined rights to obtain LLC records, as does its New York counterpart. [read post]
21 Apr 2009, 12:41 pm
PKI’s duty to manage the affairs of the Project, according to the court, can reasonably be read to mean that PKI had the obligation to exercise its authority on behalf of the members. [read post]
10 May 2012, 12:02 pm by Mike Laszlo
”  Please do not mistake this to mean an Operating Agreement is a simple document – generally, they are not. [read post]
3 Sep 2012, 10:00 pm by Peter Mahler
One important reason is the greater flexibility and informality afforded under the LLC laws in regard to the manner of decision-making by the LLCs members as compared with the corporation’s board of directors. [read post]
19 Dec 2019, 12:11 am by Joseph Arshawsky
Court of Appeals for the Third Circuit found that all of Engage’s asserted marks were merely descriptive and lacked secondary meaning, including sole only mark the district court deemed valid mark but not infringed by Intellisphere (Engage Healthcare Communications, LLC v. [read post]
12 Nov 2013, 11:49 am by Arina Shulga
Often, membership interest is expressed in units to give LLCs equity more of the look and feel of stock. [read post]
18 Aug 2014, 6:24 am by SHG
If this content is not in your news reader, it means the page you are viewing infringes copyright. [read post]
13 Sep 2010, 7:00 am by Jeramie J. Fortenberry, LL.M.
  This means that a creditor’s remedies are restricted to a “charging order” against distributions made to the LLC owner. [read post]
19 Mar 2020, 10:35 am by Chris Wesner
The Debtors also filed the declaration of Amy Lee (the “Lee Declaration”) (Doc. 5), a senior director at Alvarez & Marsal North America, LLC (“Alvarez”), the financial advisor to the Debtors. [read post]
8 Mar 2024, 1:24 pm by Samantha M. Cira
Beneficial Ownership Disclosure Requirements for LLC Owners The NY LLC Act’s definition for “beneficial owner” matches the federal CTA’s definition, meaning that a beneficial owner is any individual who, directly or indirectly: (1) exercises substantial control over a reporting company; or (2) owns or controls at least 25% of the ownership interests of the reporting company. [read post]