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24 Mar 2017, 8:57 am
LLC Operating Agreement: Contractual Freedom to do What You Want Many believe that the Delaware LLC is superior to corporations because an LLC is governed by an Operating Agreement drafted to match the owners’ exact business interests, setting forth the relationship of control, management and financial interests of its business partners. [read post]
4 Jan 2022, 8:15 am
Mom and baby are at home and doing well. [read post]
1 Feb 2023, 1:58 pm
Everyone is doing well. [read post]
9 Sep 2021, 6:00 am
In Re Cadira Group Holdings, LLC Litigation, Consolidated C.A. [read post]
14 Jul 2023, 12:51 pm
The post Car Insurance Claims – The Dos and Don’ts appeared first on Stein & Shulman, LLC. [read post]
27 Mar 2020, 11:36 am
PLLCs exists because many states do not allow LLCs to be formed by professionals whose work requires a license. [read post]
28 Apr 2010, 6:27 am
While the New York limited liability company law provides for some default rules applicable to LLCs that do not have an operating agreement in place, Members are well advised to craft their own rules by way of an Operating Agreement (which is actually required by law in New York, Section... [read post]
1 Sep 2010, 6:14 am
So what do you care what a Delaware court says? [read post]
20 Nov 2017, 2:13 am
Mind you, there are a fair number of cases in New York and other jurisdictions in which courts have ruled that non-member assignees do not have standing to bring derivative claims. [read post]
8 Sep 2022, 6:39 am
Zamansky LLC is investigating Aegis Capital Corp. [read post]
26 May 2007, 4:00 pm
For many fairly sophisticated entrepreneurs, the do-it-yourself approach works out just fine. [...] [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]
14 Jun 2021, 4:32 am
The four members performed different roles in the LLC. [read post]
26 Feb 2018, 3:49 am
Since then, I’ve received a number of anecdotal reports of LLC controllers doing just that upon the advice of their counsel. [read post]
20 Jun 2012, 11:06 am
What else do you own? [read post]
14 Apr 2016, 10:43 am
It is too bad that wording in the Revised Act, and in its predecessor, has left open the possibility of arguing that LLC members do not owe fiduciary duties to each other. [read post]
27 Sep 2023, 8:00 am
But their large number means that plenty will and do fail. [read post]
22 Dec 2017, 10:00 am
Corporations also do not provide their officers and owners with the same extent of legal protection from claims and liability enjoyed by members of an LLC. [read post]
3 Sep 2015, 11:12 am
Keep in mind that assets of a Nevis LLC do not necessarily have to be held in Nevis. [read post]
9 May 2019, 7:25 pm
Park Avenue Landing LLC, C.A. [read post]