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14 Jun 2012, 6:00 am by Julia Kim
In anticipation of the bankruptcy filing, ResCap’s board had approved the bankruptcy filing and the sale of substantially all of its mortgage servicing and related assets to Fortress Investment Group LLC and Nationstar Mortgage Holdings Inc. for approximately $2.32 billion. [read post]
17 May 2021, 4:38 am by Franklin C. McRoberts
Years later, Capizzi took the opposite position he took and lost in the first litigation, arguing that he was a true equity / general partner of the firm, and that his unilateral withdrawal from the firm caused its dissolution under Partnership Law § 62 (1) (b). [read post]
9 Jul 2007, 8:01 pm
 OCC held that this standard is met for the case at issue because: (i) the Investee LLC is a limited liability entity under state statute; (ii) the banks have not agreed to be “obligated for any or all of the debts, obligations and liabilities” of the Investee LLC; and (iii) the banks have agreed to report its investment interest in the Investee LLC using equity/cost method of accounting. [read post]
15 Dec 2014, 8:30 am by Richard Goldfarb
  It was barely 20 years ago that the requirement that the same person not hold the offices of president and secretary was abolished. [read post]
13 Dec 2011, 5:39 am by Lawrence B. Ebert
The court: (1) failed to hold an evidentiary hearing despite acknowledging that the decision turned on disputed factual issues; and (2) did not weigh the evidence or make any findings as to Mylan’s invalidity challenge.3 As discussed below, these errors warrant vacating the preliminary injunction.The need for an evidentiary hearing on disputed issues of fact:In the Third Circuit, as in other circuits, “a district court cannot issue a preliminary injunction that depends upon the… [read post]
31 Dec 2017, 5:12 pm by Wolfgang Demino
TOPCIS: federal-preemption, MIDLAND-FUNDING-LLC, National-Bank-Act, predatory-lending-issue, usury – posted 12/12/17Rich Reister vs. [read post]
24 Apr 2013, 11:31 am by Ron Coleman
 That’s what got Putt-Putt in the rough in the first place. [read post]
15 Jan 2016, 1:17 pm by D. Daxton White
In 1981, Apache Corporation was the first company to form an MLP in the United States. [read post]
26 Jul 2012, 7:25 am by Scott I. Unger
Lexis 1502 (May 27, 2011), involved a legal dispute between two medical doctors who each owned membership interests in two New Jersey Limited Liability Companies, North Jersey Ambulatory Surgical Center, LLC (“North Jersey”) and Tower Real Estate Holdings, LLC (“Tower”). [read post]
3 Oct 2022, 4:25 am by Peter J. Sluka
Chertok returned Shatz’s money and advised him that the funding round had been put on hold. [read post]
21 Mar 2011, 6:16 pm by Tomassi Law Associates
First of all, they can choose not to write unprofitable insurance policies. [read post]
11 Oct 2021, 4:54 am by Franklin C. McRoberts
The First Strand – Heisler and its Progeny The first strand of case law has its genesis in a Court of Appeals decision that did not address tax returns per se. [read post]
15 Sep 2023, 8:45 am by Jay R. McDaniel, Esq.
 That holding, however, does not represent a principle that has been uniformly accepted in in the state courts. [read post]
24 Jun 2014, 9:39 am by Kirk Jenkins
Four years later, the United States Supreme Court issued AT&T Mobility LLC v. [read post]
13 Jul 2017, 6:37 am by Colby Pastre
Today, the House Ways and Means Tax Policy Subcommittee will hold a hearing about the impact of the U.S. tax code on small businesses. [read post]