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28 Mar 2016, 3:28 am
The petitioner’s allegations, if true, would not establish that “the management of the entity is unable or unwilling to reasonably permit or promote the stated purpose of the entity to be realized or achieved, or [that] continuing the entity is financially unfeasible” (Matter of 1545 Ocean Ave., LLC, 72 AD3d 121, 131; see Barone v Sowers, 128 AD3d 484; Doyle v Icon, LLC, 103 AD3d 440). [read post]
28 Mar 2016, 3:28 am
The petitioner’s allegations, if true, would not establish that “the management of the entity is unable or unwilling to reasonably permit or promote the stated purpose of the entity to be realized or achieved, or [that] continuing the entity is financially unfeasible” (Matter of 1545 Ocean Ave., LLC, 72 AD3d 121, 131; see Barone v Sowers, 128 AD3d 484; Doyle v Icon, LLC, 103 AD3d 440). [read post]
3 Feb 2016, 4:00 am
In Harley-Davidson Motor Company Group, LLC v. [read post]
10 Aug 2015, 3:28 am
Pikus contended that he and Goldstein were parties to an oral side agreement that effectively modified the Operating Agreement, and which allegedly had been honored since the LLC’s inception, conferring on Pikus authority over the building’s day-to-day operations and guaranteeing him certain management fees. [read post]
2 Jul 2015, 2:36 pm
FERC has granted Venture Global Plaquemines LNG, LLC’s (Plaquemines LNG) request to begin pre-filing review for the proposed 2,800 MMcf/day liquefaction and export terminal to be located near river mile marker 55 on the west side of the Mississippi River, in Plaquemines Parish, La. [read post]
1 Jun 2015, 3:27 am
At this point, neither side has adequately demonstrated whether the management of [the LLC] is unable or unwilling to reasonably permit its stated purpose to be realized or whether continuing to operate [the LLC] is financially feasible. [read post]
14 Apr 2015, 1:56 pm
Tax Day is just around the corner. [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]
16 May 2014, 6:22 pm
The “main carrier” is the primary (long-haul) carrier of the goods to the destination, usually an ocean going vessel or aircraft. [read post]
14 Apr 2014, 6:41 am
Stay Sunday-Thursday from 3/30/14-5/1/14 in one of our Deluxe Two Queen Ocean View Balcony Rooms. [read post]
4 Feb 2014, 9:56 am
On the flip side, in Ardis Health LLC v. [read post]
13 Jan 2014, 3:17 am
The Appellate Division, Second Department’s 2010 decision in the 1545 Ocean Avenue case made it clear that LLCs and corporations are governed by different statutory schemes with different dissolution statutes providing different standards for dissolution. [read post]
17 Jul 2013, 2:52 pm
©TROUP-LONDON, LLC DBA TROUP-LONDON MUSIC, Universal Music Publishing Group. [read post]
6 May 2013, 6:44 am
The Third District’s opinion in Aventura Management, LLC v. [read post]
7 Jan 2013, 10:02 pm
On December 17, about a month after that recall, Ocean Beauty Seafood LLC issued a voluntary recall of 371 cases of ready-to-eat cold smoked salmon after Listeria was found in multiple samples of product via internal testing. [read post]
1 Oct 2012, 2:00 am
Equally powerful voices argue the other side of the issue. [read post]
1 Oct 2012, 2:00 am
Equally powerful voices argue the other side of the issue. [read post]
21 May 2012, 3:00 am
Justice Dowd also quotes from the Second Department's seminal opinion in the 1545 Ocean Avenue case, stating that "the dissolution of a limited liability company under LLC Law §702 is initially a contract-based analysis." [read post]
21 May 2012, 3:00 am
" Justice Dowd also quotes from the Second Department's seminal opinion in the 1545 Ocean Avenue case, stating that "the dissolution of a limited liability company under LLC Law §702 is initially a contract-based analysis. [read post]
12 Mar 2012, 4:00 am
Do you feel that the contract-focused approach for LLC dissolution taken in 1545 Ocean has had an impact? [read post]
