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1 Nov 2021, 2:57 am
The Trial Court’s Valuation in Pourmoradi Pourmoradi involves a realty-holding LLC with two 50% members who deadlocked over whether to restructure a secured loan or sell the property. [read post]
16 Jan 2018, 10:32 am
Nonetheless, if there are sufficient factual issues about whether LLC management has breached their duties, those breaches can be used to hold off a dissolution order. [read post]
15 Jul 2019, 4:10 am
Case law development has been slow, as evidenced by the 16 years it took before an appellate court in the 1545 Ocean Avenue case construed the standard for judicial dissolution of LLCs under Section 702. [read post]
14 Feb 2021, 6:19 pm
In AG Resources Holdings, LLC v. [read post]
19 Apr 2021, 4:03 am
Were the realty-holding entity a close corporation rather than an LLC, such allegations would at least support a colorable, oppression-based claim for judicial dissolution under section 1104-a of the Business Corporation Law. [read post]
10 Jan 2017, 8:00 am
Krygsheld may communicate privately with the LLC’s lawyer regarding all other aspects, such as the standard-of-care and causation. [read post]
10 Jan 2017, 8:00 am
Krygsheld may communicate privately with the LLC’s lawyer regarding all other aspects, such as the standard-of-care and causation. [read post]
15 Apr 2008, 10:38 am
First Interstate Banking litigation, as to the materiality of omissions as measured by the standards of federal securities law. [read post]
5 Nov 2012, 2:00 am
In 2007, as equal one-third members, they formed a separate company called JP&F Realty Holdings, LLC, to acquire a building to house the HVAC business. [read post]
7 Feb 2008, 1:17 pm
"On January 23, 2008, the FTC announced a complaint and settlement with Negotiated Data Solutions, LLC ("N-Data"), In the Matter of Negotiated Data Solutions LLC, FTC File No. 051 0094. [read post]
30 Oct 2015, 8:33 pm
KKR Financial Holdings LLC, et al., C.A. [read post]
13 Dec 2014, 11:15 am
Have you suffered losses in Atlas Energy Holdings Operating Company, LLC (a subsidiary of Atlas Resource Partners, L.P.) [read post]
13 Dec 2014, 11:13 am
Have you suffered losses in Atlas Energy Holdings Operating Company, LLC (a subsidiary of Atlas Resource Partners, L.P.) [read post]
12 Oct 2018, 11:20 am
The Buy/Sell provision is not usually in standard written LLC Operating Agreements from other incorporation services. [read post]
10 May 2024, 7:16 am
For instance, a person holding the title of vice president in an LLC does not necessarily owe fiduciary duties to the LLC, unless the operating agreement of the LLC specifies otherwise. [read post]
13 Sep 2008, 2:56 am
Should you use the standard corporation? [read post]
24 May 2024, 7:22 am
By default, the US classifies LLCs as pass-through entities. [read post]
18 Aug 2008, 8:03 pm
Judge Diaz granted the Motion on the unfair and deceptive practices claim, holding that the actions involving removal and capital calls were "primarily matters of internal corporate governance that do not relate to the day-to-day business activities of the LLCs. [read post]
21 Mar 2024, 1:47 pm
The dissent reasoned that the legislature rejected the majority’s holding when it chose to enact the Uniform Commission’s LLC Act instead of the ABA Act. [read post]
20 Nov 2017, 2:13 am
As described in the abstract, the article addresses the “new and separate opportunity for oppression” that “exists because LLC law purports to (1) recognize a species of persons holding legal rights vis-á-vis the LLC (assignees) while (2) denying those persons any remedies whatsoever in connection with those rights. [read post]
