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4 May 2015, 3:33 am
Well, not always, as seen in a first-impression ruling last week by Vice Chancellor J. [read post]
30 Apr 2015, 5:52 pm
This decision appears to be the first in Delaware to provide strong support for the concept of “equitable dissolution” of LLCs. [read post]
29 Apr 2015, 11:37 am
Analysis: (1) The court first considered whether Plaintiff stated a claim against the LLC defendants. [read post]
28 Apr 2015, 12:29 pm
LEACH BUILDERS, LLC, ET AL., Petitioners, v. [read post]
28 Apr 2015, 12:29 pm
Leach Builders, LLC v. [read post]
25 Apr 2015, 4:22 am
Ossenfort holds a Bachelor's Degree in Political Science and History from the University at Albany. [read post]
14 Apr 2015, 4:50 pm
Two days prior to The Wall Street Journal’s report, on March 30, 2015, the SEC’s Enforcement Division commenced public administrative and cease and desist proceedings against private equity investment adviser Lynn Tilton (Tilton), Patriarch Partners, LLC, Patriarch Partners VIII, LLC, Patriarch Partners XIV, LLC and Patriarch Partners XV, LLC (collectively, Patriarch). [read post]
14 Apr 2015, 8:14 am
But holding equity — stock in a corporation or a membership interest in an LLC, a limited liability company — can be even worse. [read post]
14 Apr 2015, 8:14 am
But holding equity — stock in a corporation or a membership interest in an LLC, a limited liability company — can be even worse. [read post]
13 Apr 2015, 3:23 am
A Manhattan appellate panel’s unanimous decision last week in Brummer v Red Rabbit, LLC, 2015 NY Slip Op 02912 [1st Dept April 7, 2015], affirmed the dismissal of an LLC member’s claims for fraud and fiduciary breach based on the controller’s alleged concealment of impending equity investments by a pair of venture capital firms while the member was negotiating a partial buy-out of his membership interest. [read post]
28 Feb 2015, 3:52 pm
In a case of first impression, Vice Chancellor Laster issued an opinion in October 2014 holding that the Delaware Uniform Contribution Among Tortfeasors Act (“DUCATA”) did not bar RBC Capital Markets LLC from collecting a settlement credit, even though other defendants in the Rural/Metro Corp. shareholder litigation settled with plaintiffs. [read post]
27 Feb 2015, 5:44 am
This inaccuracy came from two sources: first, Mr. [read post]
27 Feb 2015, 5:44 am
This inaccuracy came from two sources: first, Mr. [read post]
19 Feb 2015, 10:04 am
In 2006, J.G. became the first child to turn eighteen and graduate from high school. [read post]
17 Feb 2015, 7:05 pm
The new system is said to have begun its first operational testing in late 2014, and full operations are expected in 2015. [read post]
23 Jan 2015, 5:30 am
The trial court sided with the Trust on this issue, but noted that the Trust had better hold up its end of the agreement if it didn’t want to get sued. [read post]
5 Jan 2015, 2:23 am
Cedar Capital Partners LLC was FHR’s agent during the negotiation process. [read post]
24 Dec 2014, 10:54 pm
(May 29, 1997), Angel Capital Electronic Network (October 25, 1996), FundersClub Inc. and FundersClub Management LLC (March 26, 2013) and AngelList LLC and AngelList Advisors LLC (March 28, 2013). [read post]
23 Dec 2014, 7:25 am
But this rule is never applied where there is an intervening lien on the property, and where there is no evidence of an express intention to extinguish the first mortgage and hold subject only to the second. [read post]
18 Dec 2014, 12:34 am
Time to check your crystal ball to see what it portends for the legal industry in 2015 – or you can just head over to the Business of Law Blog to see what others think. [read post]
