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1 Jun 2010, 4:00 am
Compared to Delaware, where seemingly every year the legislature with the bar and bench's support tinkers with that state's LLC Act to improve it, the New York LLC Law is frozen in time. [read post]
4 Jun 2021, 6:00 am
Apr. 23, 2021)The Delaware LLC Act provides that fiduciary duties may be expanded or limited by the provisions of an LLC agreement. [read post]
2 Sep 2014, 3:31 am
So, without further ado, here’s my list of hot topics in business divorce: Equitable Buy-Out in LLC Dissolution Cases. [read post]
19 Mar 2019, 9:52 am
Instead, most U.S. businesses are pass-through businesses, such as partnerships, S corporations, LLCs, and sole proprietorships. [read post]
10 Oct 2012, 9:42 am
See related blog posts How to Avoid Business Contract Disputes with Customers Sacramento Single-Member LLCs [read post]
6 Dec 2021, 4:49 am
LLC, 2021 NY Slip Op 32281(U) [Sup Ct, NY County Nov. 12, 2021], exploring three limits New York law imposes upon the ability to recover LLC indemnification. [read post]
29 Oct 2020, 11:36 am
Lakeland Motors, LLC, 20-10825, 2020 WL 5553301 (11th Cir. [read post]
7 Apr 2008, 2:34 pm
His comments also apply to most of the unincorporated business entity (UBE) statutes. [read post]
18 Dec 2009, 6:15 am
Most businesses will qualify to form as LLC's. [read post]
3 Apr 2019, 6:00 am
Section 109 of the Delaware Limited Liability Company Act is an “implied consent” statute. [read post]
30 Apr 2018, 3:25 am
By any measure, Horowitz v Montauk U.S.A., LLC, No. 16-3912 [2d Cir. [read post]
17 Feb 2021, 12:58 pm
” Specifically, FINRA states the following in its AWC: Tavel agreed to act as a placement agent for a private issuer purportedly in the business of making commercial loans . . . [read post]
5 Feb 2023, 5:12 pm
Sufficiency of Petition Seeking Judicial Dissolution at Motion to Dismiss Stage The court provided a helpful overview of the prerequisites for seeking judicial dissolution under Section 18-802 of the Delaware LLC Act which allows the court to decree dissolution: “on application by or for a member or manager . . . of a limited liability company whenever it is not reasonably practicable to carry on the business… [read post]
18 Aug 2016, 6:33 am
’s (“Diamond State”) claim that Diamond Town Tire Pros & Auto Care LLC (“Diamond Town”) violated Delaware’s Deceptive Trade Practices Act (“the Act”) by operating under a business name that creates a “likelihood of confusion” between the two businesses among vendors, customers and potential customers. [read post]
4 Nov 2010, 8:16 am
On Tuesday, in AT&T Mobility LLC v. [read post]
28 Aug 2017, 7:31 am
The Act provides for managers and members with authority to act for and on behalf of the LLC. [read post]
28 Aug 2017, 7:31 am
The Act provides for managers and members with authority to act for and on behalf of the LLC. [read post]
6 Sep 2016, 3:24 am
The court’s analysis stressed that Section 18-108 of the Delaware LLC Act “defers completely to the contracting parties [to the LLC agreement] to create and to limit rights and obligations with respect to indemnification and advancement” and that the restrictions on advancement in Quivus’ LLC agreement “are few, if any. [read post]
21 Aug 2018, 6:00 am
Glenhill Advisors LLC, C.A. [read post]
4 May 2015, 3:33 am
WU Sub countered that it was a de facto member by consent of the members as “reflected in the records” of the LLC, i.e., the tax returns and draft agreements, under § 18-301(b)(1) of the LLC Act. [read post]
