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But it is all too common for business partners to encounter a serious impasse over how to operate the business. [read post]
4 Feb 2010, 10:30 am by William H. Holmes
The project will be constructed by Gallop Power LLC, a U.S.- based company established to develop, own, and operate clean energy projects. [read post]
19 Jan 2023, 10:16 am by Ellen T. Berge and Shahin O. Rothermel
Specifically listing a manageable number of identifiable companies within the text of the consent disclosure itself is likely to be more defensible than a hyperlinked list of marketing partners, especially when the marketing partners list is more than a few names. [read post]
26 Apr 2021, 10:02 am by IncNow
Certificate of Formation/Incorporation LLC Operating Agreement or Corporate minutes, bylaws, and stock certificates U.S. banks are required to identify, verify, and record the identities of the beneficial owners of legal entity customers. [read post]
28 Sep 2020, 1:51 am by Peter Mahler
“The Company is formed for any valid business purpose” Nine seemingly benign words in the garden-variety operating agreement of a realty holding LLC. [read post]
20 Sep 2011, 5:12 am by Ray Mullman
  Nursing home owner and operator Murray Forman continues his battle with his partners and investors. [read post]
8 Oct 2013, 9:32 pm by Allison Tussey
According to the information, Leone was a project manager and partner in several limited liability companies formed for the purpose of developing real estate in and around the area of Dover, Delaware, including but not limited to TBC Enterprises, LLC; North Dover Holdings, LLC; and Shoppes at Fieldstone Village, LLC. [read post]
27 Apr 2015, 3:01 am by Peter Mahler
Third, Justice Bucaria interpreted the operating agreement’s non-compete provision in light of the members’ “fiduciary duty of good faith” codified in LLC Law § 409(a), as prohibiting a departing minority member from competing with the company, only so long as the majority members proceed in good faith with the dissolution of the company. [read post]
19 Jul 2009, 4:43 pm
AGT Crunch Acquisition and its affiliates filed voluntary chapter 11 bankruptcy petitions on May 6, 2009 and are seeking to sell their Crunch-branded athletic club chain to CH Fitness Investors, LLC, which is owned by the company's insider first lien lender. [read post]
14 Apr 2016, 12:49 pm by Steven Boutwell
For example: If Alligator Energy Corporation has no operations in Louisiana, but holds a 60% ownership interest in Alligator Pipeline, LLC, a Louisiana LLC that operates exclusively in Louisiana, Alligator Pipeline, LLC will be subject to the CFT if it is taxed as a corporation for federal tax purposes and is not eligible to be taxed as an S-Corporation. [read post]
26 Jul 2011, 7:44 pm by Seth Smiley
Partners share liability according to their partnership agreement, which is the framework for how the partnership operates. [read post]
23 May 2011, 8:42 am
Based on my advice and joint consultation with their accountant, the doctors now hold their medical office building in their limited liability company, and are operating as a professional corporation. [read post]
13 Jul 2012, 2:08 pm by BuckleySandler
Champ was general counsel and a partner at investment management firm Chilton Investment Company. [read post]
21 Apr 2014, 2:48 am by Peter Mahler
 Under the LLCsoperating agreements, Charles and Geoffrey became the LLCs’ co-managing members upon Nathan’s death. [read post]
16 Nov 2012, 9:23 am by John P. Smolen
  WVB East End Partners is a joint venture consortium of Walsh Investors, LLC, VINCI Concessions S.A.S. and Bilfinger Berger PI International Holding GmbH. [read post]
25 Nov 2014, 9:52 am
In early November, Rock Island Clean Line, a subsidiary of Houston-based Clean Line Energy Partners LLC, filed petitions with the Iowa Utilities Board asking for permission to construct and operate a 500-mile transmission line that will carry 3,500 megawatts of wind-generated direct current from O’Brien County in northwest Iowa to the Quad-Cities area, where it will cross the Mississippi River into Illinois. [read post]
3 Oct 2017, 12:00 am
  Panelists included Moderator Noah Egorin, Product Manager and Director of FINRA’s Firm Compliance Tools Unit; David Blisk, Founder and CEO of Spire Investment Partners, LLC; Rob Dearman, Vice President of Strategic Initiatives for Jackson National Life Insurance Company (the U.S. subsidiary of London-based Prudential PLC) and Len Smuglin, an Information Technology Exam Manager at FINRA. [read post]