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10 Mar 2014, 6:42 am by Admin
I do not think a directions for inheritance of an LLC interest expressed in an operating agreement would even be binding. [read post]
1 Feb 2023, 9:52 am by Evan Schwartz
Commercial property insurance provides protection for direct physical loss to your company’s property that results from a covered peril. [read post]
28 Nov 2018, 3:41 am by Cari Rincker
Examples of the duty of loyalty that may be imposed on a member: To account to the LLC for any LLC property that the member holds. [read post]
25 Sep 2018, 8:26 am by IncNow
If the LLC owns property in a state that applies transfer taxes or other taxes to transfers of interests in entities, the Operating Agreement should set forth who is responsible to pay the tax. [read post]
4 May 2018, 12:13 pm by Overhauser Law Offices, LLC
Defendant Dagli is the president of New Purple LLC, a Texas corporation that operates stores in Simon properties under the name “Leggings World. [read post]
26 Feb 2020, 6:00 am by Matt Ramsey
By Ryan O’Donnell Reprinted with permission from the February 25, 2020 issue of The Legal Intelligencer ©2020 ALM Media Properties, LLC. [read post]
22 Feb 2016, 7:13 pm by Michael Smith
The usual rule for corporations is that a shareholder’s stock is property that, like any other property of the shareholder, can be reached by the shareholder’s creditors. [read post]
26 Apr 2022, 8:50 am by IncNow
Nevertheless, there is a difference between an LLC and corporation and many entrepreneurs and property investors prefer the Delaware LLC structure. [read post]
26 Feb 2016, 4:38 am by Patricia Salkin
This certified appeal arose from the decision of the Zoning Board of Appeals of the City of Meriden, to grant a variance to Development, LLC, to use a parcel of real property as a used car dealership, on the ground that the property had been practically confiscated. [read post]
6 Nov 2023, 10:00 pm
”Since the step wasn’t defective, and S.M. and had ascended (moments prior) without incident, and, given that it was a “sunny day,” and her view was “unobstructed,” the AD2 agreed that the litigation had been properly dismissed.Talk about a misstep ….# # #DECISIONS.M. v Fairfield Hills E., LLC [read post]
19 Apr 2021, 4:03 am by Peter Mahler
The Lower Court’s Dismissal of the Complaint Following discovery the defendant moved for summary judgment based on provision in the operating agreement incorporating by reference and conferring on the manager the full panoply of authority granted LLCs under LLC Law § 202 including the rights to mortgage LLC property, to establish and maintain cash reserves, and to decide whether and when to make distributions. [read post]
8 Dec 2021, 6:13 am by David Klein
Additionally, social media influencers must own their own intellectual property and have direct contractual relationships with brands that they advertise for or work with. [read post]
16 Apr 2018, 3:46 am by Franklin C. McRoberts
The Pappas Case In Pappas, The 38-40 LLC (the “LLC”), owned three real properties in Long Island City, New York. [read post]
22 Apr 2019, 3:46 am by Peter Mahler
In that case, the LLC’s accountant testified that the LLC’s monthly expenses exceeded by $12,000 its monthly revenues, and that but for one of the member’s loans to the LLC, the mortgaged property faced foreclosure. [read post]
9 Jan 2015, 9:25 am by Allison Tussey
Junell sentenced: Stephen Mark Hilliard, 59, owner of Comeback Properties, LLC, Hilliard Properties, LLC, SMH Properties, LTD, and Katpast Enterprises, LP, to three years in federal prison followed by four years of supervised release. [read post]