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28 Apr 2009, 2:38 pm
The court held that (i) PKI had an implied duty to exercise its authority as manager of Emery Bay to cause it to enforce performance of the Development Management Agreement in good faith and (ii) Mr. [read post]
1 Mar 2016, 6:54 pm
[Here are the links to Part I, Part II, Part III, and Part IV of this series.] [read post]
11 May 2020, 3:19 am
They formed Mile High Run Club, LLC. [read post]
Repeat After Me: You May Not Expel a Member of a New York LLC Unless the Operating Agreement Says So
17 Sep 2018, 3:25 am
In the years since Chiu, I’ve seen no cases deviating from its holding. [read post]
22 Apr 2013, 8:05 am
Options to Purchase Profits Interests An LLC also may issue options to acquire capital interests entitled to a percentage of the company’s value as of the exercise date of the option (I will call this an “Option for Capital Interest”). [read post]
8 Jun 2015, 3:26 am
The second case, Matter of Natanel, 43 Misc 3d 1217(A) [Sup Ct Kings County 2014], is one I litigated on behalf of a 50% member who petitioned for dissolution of an LLC that, like the one in Vella, was formed by its two members to acquire a building to house their separate operating business. [read post]
19 Mar 2020, 10:35 am
The Debtors also filed the declaration of Amy Lee (the “Lee Declaration”) (Doc. 5), a senior director at Alvarez & Marsal North America, LLC (“Alvarez”), the financial advisor to the Debtors. [read post]
20 Jan 2011, 11:47 am
I was able to give them the news that, as of January 1, 2011, the California Corporations Code finally allows a California limited liability company ("LLC") to operate as a licensed contractor. [read post]
13 Dec 2010, 8:03 am
LLCs must have operating agreements. [read post]
22 Aug 2012, 5:00 am
Patent & Trademark Agency LLC notice [redacted] [read post]
21 Sep 2011, 2:47 pm
I recently learned of a case where a judgment was entered in Utah against a debtor who owned single member LLC interests in Delaware LLCs doing business in Utah. [read post]
24 Jun 2013, 5:45 am
“I am a single member LLC. [read post]
8 Dec 2022, 12:15 pm
The post Zamansky LLC Investigates Unsuitable Sales by Broker-Dealers and Investment Advisors of Alternative Investments appeared first on Zamansky LLC. [read post]
19 Nov 2018, 11:01 am
Green Leaf Lab LLC (Greenwood) the District Court of Oregon did not... [read post]
7 Dec 2011, 5:50 am
Then my client asked, "Do I have to include Inc. in my business name? [read post]
1 Sep 2023, 7:57 am
Is it too Late if I Already Started Providing New Services? [read post]
5 Dec 2016, 3:20 am
It’s a fascinating and controversial issue that, as far as I know, has been addressed in only one previous lower court decision in Shapiro v Ettenson which held that the LLC Law authorized the majority to adopt a binding post-formation operating agreement without the consent of the minority member. [read post]
4 Jan 2011, 4:00 am
I wrote a series of posts back in December of 2008 concerning the new Iowa LLC law. [read post]
24 Jan 2011, 6:59 am
Recently, I met with a Cupertino real estate investor who said his financial advisor told him he should form an LLP for his property (he was not eligible to be an LLP). [read post]
2 Oct 2017, 3:33 am
But Felzen quickly withdraw his derivative suit and filed a proceeding for dissolution, noting in his petition, “I have previously filed a shareholder derivative suit, but have determined that it is in the best interests of the LLC to proceed by dissolution at this time. [read post]
