Search for: "Capital Properties NY LLC"
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28 Jun 2010, 4:00 am
Rather, the LLC's capitalization and all other organizational provisions are left to the written operating agreement required by Section 417 of the LLC Law. [read post]
11 Jun 2012, 3:00 am
Petito, 2012 NY Slip Op 04393 (1st Dept June 7, 2012), reversed a trial court order and granted summary judgment terminating the combined 50% interest of two LLC members based on their alleged failure to contribute to mortgage payments for the LLC's real property. [read post]
23 May 2011, 4:00 am
For this and other reasons, many New York-based business ventures, especially highly capitalized ones with sophisticated outside investors, use Delaware LLCs with carefully drawn operating agreements insulating managers from liability for fiduciary lapses. [read post]
10 Mar 2014, 3:24 am
As far as I can tell, last week’s decision by the Manhattan-based Appellate Division, First Department in Pokoik v Pokoik, 2014 NY Slip Op 01502 [1st Dept Mar. 6, 2014], is the first New York appellate ruling to address a safe-harbor defense to a claim for breach of fiduciary duty by an LLC manager. [read post]
18 May 2015, 3:48 am
The LLC’s operating agreement named Sowers as sole manager with broad powers to control the LLC’s business affairs including discretionary authority to make distributions and to “purchase, lease or otherwise acquire from, or sell, lease or otherwise dispose of, to any Person any property. [read post]
18 Jun 2012, 3:00 am
As the Supreme Court found, the petitioner's loan to the LLC did not constitute a capital contribution (see e.g. [read post]
25 Jan 2012, 7:48 am
In fact, the New York Limited Liability Company Law (NY LLCL) requires that an LLC have an Operating Agreement, failing which the members of the LLC are subjected to an agreement that is essentially created from the provisions of the NY LLCL. [read post]
25 Aug 2014, 3:31 am
Whelan, in Flax v Shirian, 2014 NY Slip Op 51229(U) [Sup Ct, Suffolk County Aug. 15, 2014], the court mercifully decreed death for a hopelessly dysfunctional, multi-member real estate holding company identified by one side as 27th Street Associates, LLC, by the other side as 27th Street, LLC, and in the property deeds and records of the New York Department of State, as 27 Street LLC. [read post]
1 Dec 2020, 11:48 am
Advisor Darrin Cohn (Cohn), currently employed by Triad Advisors LLC (Triad Advisors) has been subject to at least two customer complaints during the course of his career. [read post]
23 Apr 2012, 3:11 pm
Click here for NY LLC Formation Note: Professionals can only form a professional limited liability company. [read post]
5 Aug 2020, 5:00 pm
The case involved South College Street, LLC, a company that purchased a property in North Carolina that was subject to a lease for Charlotte School of Law (“CSL”). [read post]
12 Aug 2008, 2:00 pm
Here are the particulars: Date: Tuesday, August 19th, 2008 Time: 06:30PM - 09:30PM Location: The Madison & Gypsy Tea27 West 24th Street, NY, NY And look who's going: Current RSVP List for PropertyShark.com Real Estate Networking Party Name Company Job Title … [read post]
19 Oct 2021, 7:41 am
(CRD#:505), also of Melville Maxim Group LLC (CRD#:120708) of Woodbury, NY Wachovia Securities, LLC (CRD#:19616) of Manhasset, NY He has been in the industry since 1986. [read post]
15 Jul 2013, 3:55 am
It is well established that a pledge is a “bailment of personal property as security for some debt or engagement” (Bank of Rochester v Jones, 4 NY 497, 507 [1851]). [read post]
22 Sep 2017, 3:22 am
" "[A]ny doubts concerning the scope of arbitrable issues should be resolved in favor of arbitration. [read post]
19 Mar 2012, 4:00 am
HMC-New York, Inc., 2012 NY Slip Op 01514 (1st Dept Feb. 28, 2012), a divided Manhattan appellate panel by 3-2 vote affirmed the summary dismissal of fiduciary breach claims brought by the non-managing member of two Delaware LLCs against the managing members. [read post]
16 Jan 2012, 3:00 am
They formed an LLC named 372-376 Avenue U Realty, LLC to own the property and entered into a written Operating Agreement as 50/50 managing members. [read post]
12 Aug 2020, 7:31 am
Acres Capital Servicing LLC, 2019 N.Y. [read post]
24 Jun 2013, 3:22 am
Capital Corporate Campus, LLC (BACCC) as the development entity, with SET agreeing to contribute land and improvements, and BADC agreeing to market and manage the development. [read post]
12 Apr 2023, 5:01 am
Vitulli to the plaintiffs, and one bill of costs payable by the plaintiffs to the defendants Joseph Vitulli, as executor of the estate of Joseph Vitulli, Jr., JJ Realty of NY, LLC, and Linden Street Realty of NY, LLC. [read post]
