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7 Feb 2013, 10:11 am
As written, Section 14-11-301 conditions a manager’s power to bind the LLC by an unauthorized act to acts “apparently carrying on the the usual way the business and affairs of the LLC. [read post]
11 Nov 2008, 12:28 am
About Tamari & Blumenthal, LLC: Tamari & Blumenthal, LLC is a Chicago-based business litigation and business law firm. [read post]
2 Mar 2015, 3:26 am
Among the many developing areas of the law of LLCs addressed in the treatise is the application of “veil piercing” principles, originally developed as part of the common law of business corporations, to enable creditors of LLCs, under certain circumstances involving abuse of the LLC form, to satisfy LLC obligations with the personal assets of the LLC owners. [read post]
1 Nov 2021, 10:15 am
The post Common Copyright Concerns for Small Businesses in Minnesota appeared first on Rubric Legal LLC. [read post]
18 May 2015, 3:48 am
Barone appealed, contending in his pre-argument statement (read here) that Sowers “acted contrary to the expressed purpose and business of [the LLC] by failing to realize on the value of the Premises by selling or disposing of the Premises and has caused the Premises to remain as a rental so as to benefit Sowers personally, as he wishes to maintain his status as a tenant” for his sole benefit. [read post]
11 Aug 2016, 2:25 pm
Vaughn”), and Cavalier Union Investments, LLC (“Cavalier Union”) (collectively the “Defendants”), alleging that they violated Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 (the “Securities Act”), as well as Section 10(b) of the Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 thereunder (the “Complaint”). [read post]
21 May 2020, 10:50 am
The Delaware LLC Act requires any company incorporated in Delaware to have a Delaware Registered Agent with an in-state street address. [read post]
15 Jan 2016, 8:59 am
<> Mach Mining, LLC v. [read post]
20 Jan 2021, 6:00 am
Nov. 24, 2020) The Delaware Limited Liability Company Act (the “LLC Act”) allows a limited liability company (“LLC”) to provide for indemnification as to “any and all claims and demands whatsoever” against an LLC manager or officer, “[s]ubject to such standards and restrictions, if any, as are set forth in [the] limited liability company agreement. [read post]
30 Nov 2009, 10:06 am
If you have been a victim of unfair or illegal practices, the Georgia Fair Business Practices Act protects you. [read post]
11 Oct 2012, 6:50 am
Under the Massachusetts LLC Act (M.G.L. c. 156C), there are several onerous statutory provisions that apply to Massachusetts LLCs, which are not found in the Delaware LLC Act (6. [read post]
23 Feb 2024, 11:13 am
The Illinois Limited Liability Act also grants a cause of action to members harmed by controlling LLC members who acted in a manner that is illegal, fraudulent, or oppressive. [read post]
5 Mar 2019, 11:40 am
Formerly, the LLC/partnership was required to designate a tax matters partner to act as a liaison between the partnership and the IRS. [read post]
17 Feb 2011, 9:46 pm
Having an operating agreement created specifically for the needs and goals of your single-member LLC can help sort out which aspects of the Indiana Business Flexibility Act will apply to your LLC and which will be overridden. [read post]
22 Aug 2017, 9:00 am
Terramar Retail Centers LLC v. [read post]
22 Aug 2017, 9:00 am
Terramar Retail Centers LLC v. [read post]
25 Aug 2022, 8:16 am
GPL Enterprise, LLC v. [read post]
4 May 2023, 3:31 am
You must also determine the legal structure of your business in the US, such as corporation, LLC, partnership, and sole proprietorship. [read post]
2 Nov 2015, 3:09 am
The dissociation statute at issue in All Saints predates New Jersey’s recent adoption of the Revised Uniform LLC Act. [read post]
13 Aug 2012, 4:01 pm
Using bad business judgment, without more, is not a violation of the duty of care. [read post]
