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15 May 2017, 3:32 am by Peter Mahler
” In the first of two decisions, Justice Singh denied the motion, holding that the transfer agreement “expressly stated that the transfer was for valuable consideration” and that the plaintiff “did not submit any evidence to contradict the statement. [read post]
3 Apr 2017, 4:35 am by SHG
This is where the horrors of toxic masculinity crashes head first with the gender equity narrative. [read post]
23 Mar 2017, 11:37 am by Eric Caligiuri
In considering the issue, the Supreme Court first stated laches is “a defense developed by courts of equity” to protect defendants against “unreasonable, prejudicial delay in commencing suit. [read post]
23 Mar 2017, 3:38 am by Daniel Bussel
Jevic Holding Corp. is the latest battleground in a 150-year struggle over whether senior creditors whose liens exhaust a bankruptcy estate, and junior creditors or equity holders with control over the bankruptcy proceeding, can combine to use bankruptcy processes to implement a division of value that skips over otherwise out-of-the-money intervening creditors over their objection. [read post]
14 Feb 2017, 8:34 am by Saima Sheikh
A recent decision by the New York Supreme Court, Appellate Division for the First Department, Buchanan Capital Markets, LLC v. [read post]
1 Feb 2017, 6:08 am by Eric Goldman
  The first was issued by the Southern District of New York in Mission Capital Advisors, LLC v. [read post]
Legislative Proposals According to the Governor’s Press Release, the Governor will seek to amend State law to hold the top 10 members of out-of-state limited liability companies (“LLC”) personally financially liable for unsatisfied judgments for unpaid wages. [read post]
10 Jan 2017, 7:20 am by Ed. Microjuris.com Puerto Rico
Tesdell graduated from Harvard College with a degree in economics and holds JD and MBA degrees from New York University, as well as a certificate from the Venture Capital Institute. [read post]
9 Jan 2017, 11:37 pm by Wolfgang Demino
Ortiz, 237 S.W.2d 286, 291-92 (Tex. 1951) (holding that a purchaser of property under a quitclaim deed "cannot enjoy the protection afforded a bona fide purchaser" because "he takes with notice of all defects in the title and equities of third persons"); Bright v. [read post]
4 Jan 2017, 3:55 pm by nedaj
For managers who are also making Section 16 filings, this is an opportune time to review your filings to confirm compliance and anticipate needs for the first quarter. [read post]
19 Dec 2016, 3:21 am by Peter Mahler
The question presented was whether the two plaintiffs, who ran the business, were mere employees as claimed by the defendant, who put up all the capital, or were each one-third “sweat equity” members of the LLC as claimed by the plaintiffs. [read post]
21 Nov 2016, 3:20 am by Peter Mahler
They have since filed a notice of appeal, so perhaps some day we’ll see the first appellate ruling in New York addressing LLC freeze-out merger. [read post]