Search for: "OR Asset Holdings Management LLC" Results 41 - 60 of 1,498
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26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 The duty of loyalty includes, without limitation, accounting to the LCC and holding as trustee for the LLC any property, profit, or benefit derived by such manager or managing member in the conduct or winding up of the business or derived from a use by such manager or managing member of LLC property, including the appropriation of a business opportunity. [read post]
26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 The duty of loyalty includes, without limitation, accounting to the LCC and holding as trustee for the LLC any property, profit, or benefit derived by such manager or managing member in the conduct or winding up of the business or derived from a use by such manager or managing member of LLC property, including the appropriation of a business opportunity. [read post]
10 Apr 2013, 5:24 pm by Nasir Pasha, Esq.
 Each series unit has its own owners and may be managed separately from the master LLC and other units. [read post]
22 Jan 2024, 7:51 am by lawjtlg
Once assets are transferred into the trust, the trustee manages those assets for the benefit of the beneficiaries. [read post]
18 Mar 2019, 1:45 pm by Matthew Odgers
You’ll have to include such details as:Your company’s name and address.Its reason for being.How you plan to manage it.The name and address of its registered agent.The fee for filing LLC-1 is $70. [read post]
15 Jun 2016, 8:04 pm by Matthew Odgers
 If you are ever sued, or subject to an IRS audit, your personal assets and the assets of your LLC will be exposed to liability. [read post]
18 Jan 2007, 3:32 pm
A well- conceived asset protection plan can fail because attorneys use standard, off-the-shelf business forms to create legal entities to hold the debtor's assets. [read post]
22 Feb 2024, 10:00 am by Kyle Krull
The LLC provides a structure for more efficiently organizing and managing business assets. [read post]
22 Feb 2024, 10:00 am by Kyle Krull
The LLC provides a structure for more efficiently organizing and managing business assets. [read post]
11 Aug 2011, 7:49 am by Jonathan Alper
 Most agreements give the manager control over the LLC’s assets and its distributions. [read post]
19 Mar 2020, 10:35 am by Chris Wesner
Introduction Murray Metallurgical Coal Holdings, LLC (“Met Holdings”) and its affiliated debtors and debtors in possession (collectively, the “Debtors”) have filed a motion—commonly known as a “critical vendors motion”—seeking authority to pay the prepetition claims of certain creditors that supply them with critical goods and services (the “Motion”) (Doc. 8). [read post]
15 Jul 2019, 4:10 am by Peter Mahler
Matter of Cangro These ruminations meet their antithesis in a recent decision in a case called Matter of Cangro, 2019 NY Slip Op 31846(U) [Sup Ct Richmond County May 16, 2019], in which two non-managing members together holding 25% of a family-owned, single-asset realty LLC petitioned for judicial dissolution under LLC Law § 702 based on allegations that they were being excluded from management and deprived of access… [read post]
3 Jun 2019, 3:27 am by Peter Mahler
If you’re a member of a multi-member LLC, and especially if it’s manager-managed, here’s a reason you might want to check under the hood of your LLC agreement: if the business goes belly up amidst squabbling or worse among the members and managers, to whom does the LLC agreement give authority to file for bankruptcy? [read post]
12 Jan 2023, 1:16 pm by Matthew Dochnal
Individuals also use LLCs to hold passive or income producing assets. [read post]
23 Oct 2011, 11:00 am
The creditor cannot force the LLC to actually distribute any money, nor participate in any way in management of the LLC, nor even usually get information on the LLC's activities. [read post]
30 Apr 2012, 3:00 am by Peter A. Mahler
According to its December 2008 Operating Agreement (read here), Sapphire started operations with two members: Jacaranda HoldingsLLC ("Jacaranda") as the 51.1% managing member and TDK Holdings, LLC ("TDK") as the 48.9% non-managing member. [read post]
2 Oct 2007, 10:41 am
Do LLCs work well to hold title to and deal in real property? [read post]
2 Dec 2019, 1:11 am by Cari Rincker
Thus, creditors of LLPs cannot reach the personal assets of the partners and are limited to the assets of the business. [read post]
16 Jun 2012, 8:37 am by Troy B. Rider
 Although each cell of a series LLC can own distinct assets, incur separate liabilities, and have different managers and members, a series LLC usually pays one filing fee to be formed under state law, thereby decreasing costs. [read post]