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5 Jun 2022, 2:11 pm
How Do You Settle With Strike 3 Holdings LLC? [read post]
23 Jan 2023, 4:48 am
” My above references to Delaware LLC Act § 18-802 and Arrow Investor carry an ironic element central to the question I raise in this post about New York’s conceptually narrower approach to deadlock and LLC dissolution. [read post]
1 Aug 2019, 2:29 pm
The court explains generally that based on the Delaware LLC Act, by default, an LLC is a member-managed entity unless the LLC Agreement provides otherwise. [read post]
19 Feb 2018, 3:22 am
’” LNYC Loft, LLC v Hudson Opportunity Fund I, LLC, 154 AD3d 109 [1st Dept 2017]. [read post]
10 Jun 2014, 10:45 am
It could be that you don't remember the term "nonmutual collateral estoppel" because you went to law school as long ago as I did. [read post]
27 Apr 2011, 9:05 am
Supreme Court handed down its decision in AT&T Mobility LLC v. [read post]
16 Oct 2017, 3:33 am
I’ve seen LLC operating agreements ranging from one page to over 100. [read post]
16 Oct 2017, 3:33 am
I’ve seen LLC operating agreements ranging from one page to over 100. [read post]
3 Jun 2019, 5:48 am
Legislation proposing to amend the Delaware Limited Liability Company Act (LLC Act), the Delaware Revised Uniform Limited Partnership Act (LP Act) and the Delaware Revised Uniform Partnership Act (GP Act) (collectively, the LLC and Partnership Acts) has been introduced to the Delaware General Assembly. [read post]
18 Jan 2023, 6:42 am
Business owners and investors that make substantial contributions to capital to a LLC will want to avoid the default rules calling for: (i) a per capita head count to decide management authority issues, and (ii) for equal distributions of cash and other distributions to members, regardless of capital contributions by the members since doing so ignores the greater contributions of some members relative to other members and is manifestly unfair. [read post]
25 Jan 2009, 6:53 am
There is no disclosure or privacy statement as of January 25, 2009 at 9am.Other concerns/questions: In its FAQ Andres Financial Group, LLC responds to "Do I need an attorney to sell my annuity? [read post]
15 Jul 2013, 6:51 pm
As such, the act of any member for the apparent purpose of carrying out the usual business or affairs of the LLC binds the LLC unless (i) the member so acting in fact has no authority to act, and (ii) the person with whom the member is dealing has actual knowledge of this fact. [read post]
13 Oct 2008, 2:56 pm
Ch., Sept. 23, 2008), is a Delaware Chancery Court decision about the unsuccessful attempt to petition the court for the dissolution of an LLC, that I summarized briefly here. [read post]
19 Aug 2008, 4:54 am
MercExchange, LLC, Quanta Computer, Inc. v. [read post]
22 Feb 2016, 8:25 pm
In addition to those terms, I also use the word “interest” as a synonym to economic rights and the terms “membership rights” or simply “membership” as synonyms to noneconomic rights. [read post]
16 Aug 2010, 7:11 am
I never thought Florida’s asset protection laws could be worse than Georgia, but its happened with respect to LLC interests. [read post]
28 Aug 2012, 12:39 pm
The short summary of that post is that (with some exceptions) I often recommend forming an LLC in your state of residence or business rather than out-of-state. [read post]
30 Nov 2018, 10:00 am
The post Why Should I Leave an Inheritance to My Kids? [read post]
16 Oct 2013, 10:46 am
Ethical, honest, and committed, they were always there for me when I needed them. [read post]
10 Jul 2009, 4:58 pm
This is related to several lawsuits contending the LLC fee is unconstutional, two of which have been resolved, in favor of the limited liability company-taxpayers (Ventas Finance I, LLC v. [read post]
