Search for: "Direct Benefits, LLC" Results 41 - 60 of 2,797
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2 Feb 2021, 1:38 pm by IncNow
To keep a Delaware LLC in good standing (preserving asset protection benefits), the LLC should continue to pay franchise tax each year after formation, until the eventual cancellation of the LLC, at which time the Certificate of Cancellation should be filed. [read post]
24 May 2016, 4:31 pm by Mark Patrick
Enfish arose after Enfish, LLC sued Microsoft, alleging that Microsoft infringed two of Enfish’s patents—U.S. [read post]
23 Oct 2023, 4:44 am by Peter Mahler
Here’s the kicker ordered by the trial judge, as described by the Court of Appeals: Since [the realty LLC] would continue existing, and in order to avoid another breakdown in communication, the trial court held, “[I]t will be essential in the future for these parties to have [the] benefit of a formal operating agreement for [the realty LLC],” and accordingly the two members were “ordered to immediately retain counsel to negotiate and draft an… [read post]
23 Jul 2021, 6:01 am by Jay Butchko
In general, recipients of SSDI/SSI benefits have the right to receive, spend, and manage their benefits themselves. [read post]
11 May 2020, 3:19 am by Franklin C. McRoberts
So the question: where an LLC member misleads a co-member in connection with a potential sale of the business to a third party, is that a direct or derivative cause of action? [read post]
20 Nov 2017, 2:13 am by Peter Mahler
But, at least arguably, derivative claims, which seek recovery for the benefit of the LLC based on alleged wrongdoing by LLC controllers in connection with their management of the LLC’s affairs, implicate interests and policies different from a non-member assignee’s direct claim for access to the LLC’s records for the purpose of protecting the assignee’s right to receive distributions and profit/loss… [read post]
30 Apr 2012, 3:00 am by Peter A. Mahler
REV. 827, 842 (2005) (“RUPA purposefully eschews one of the most logical consequences of entity status--namely, a distinction (with consequences) between direct and derivative claims. [read post]
22 Apr 2019, 3:46 am by Peter Mahler
 Nissim’s pleading also included direct and derivative claims seeking damages against Avraham on behalf of both Mall and Corner. [read post]
7 Dec 2020, 4:59 am by Peter J. Sluka
Because a successful derivative suit confers on the corporation a benefit for which the corporation itself would otherwise have had to pay, section 626(e) allows the court to award plaintiffs attorney’s fees incurred in securing that benefit. [read post]
25 Apr 2007, 11:20 am
This latest product offering from iCONECT Development, LLC offers direct access to Oracle so you can optimize your system and workflow based on your specific requirements. [read post]
In Illinois, the concept of LLC member or shareholder oppression is generally conceived as actions that are “illegal, oppressive, or fraudulent”. [read post]
30 Apr 2012, 3:00 am by Peter A. Mahler
There may be circumstances of overlapping ownership and control, and divergent interests, that leave some stakeholders with no ability to seek judicial dissolution in their own right or through the entity in which they hold a direct interest. [read post]
18 May 2020, 3:50 am by Peter Mahler
Access to judicial remedies became harder by importation from corporate law of the direct versus derivative distinction. [read post]
2 Dec 2019, 3:26 am by Peter Mahler
The complaint included derivative claims for breach of fiduciary duty, conversion and fraud, and direct claims for breach of contract and accounting. [read post]