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8 Jun 2015, 3:26 am by Peter Mahler
One of the them, Vella v JP&F Realty Holding, LLC, Short Form Order, Index No. 5545/12 (Sup Ct Nassau County Sept. 28, 2012), which I previously highlighted here, involved an LLC whose operating agreement contained a narrow purpose clause expressly for the acquisition of a specific parcel of realty to house the members’ separate business. [read post]