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20 Nov 2022, 11:03 pm by Peter Mahler
The standard’s focus on the achievement or not of the LLC’s “stated purpose” has taken center stage in many an LLC dissolution case (and many a post on this blog, e.g., here, here, and here). [read post]
8 Aug 2016, 3:25 am by Peter Mahler
  The Supreme Court agreed with Carroll, holding that: a disagreement among LLC members over the terms of an operating agreement does not necessarily compel the expulsion of a dissenting LLC member. [read post]
6 Jul 2020, 8:08 am by Andre Hanson (US)
UL LLC (Underwriters Laboratories, or “UL”) certified Tutco’s heaters as compliant with UL standard 1995. [read post]
6 Jul 2020, 8:08 am by Andre Hanson (US)
UL LLC (Underwriters Laboratories, or “UL”) certified Tutco’s heaters as compliant with UL standard 1995. [read post]
27 Aug 2018, 3:49 am by Peter Mahler
Driscoll handed down a post-trial decision granting the judicial dissolution petition of two individuals holding a collective 42% membership interest in an LLC that operates a gymnastic facility. [read post]
15 Mar 2012, 7:48 am by Fernando M. Pinguelo
The New York Supreme Court, Appellate Division began it’s analysis in VOOM HD Holdings LLC v EchoStar Satellite L.L.C., 2012 N.Y. [read post]
28 Nov 2018, 12:33 pm by IncNow
Delaware is the gold standard for Corporation and LLC law. [read post]
30 May 2018, 4:47 pm by Francis Pileggi
One of the problems the court faced is that the LLC Agreement eschewed default common-law fiduciary duties (i.e., waived them as allowed under Delaware law), in favor of what the court described as “a rigorous, if less than clear, list of contractual duties, which appear to hold the manager to standards of good faith and ordinary care. [read post]
18 May 2015, 3:48 am by Peter Mahler
Pleading Demand Futility The other, important lesson to be learned from Barone concerns pleading standards for derivative claims by LLC members. [read post]
18 Aug 2010, 6:00 am by Larry Ribstein
LLCs’ capital structures depend on idiosyncratic contracts rather than statutory standard terms. [read post]
13 Aug 2018, 9:09 am by IncNow
Delaware is the gold standard for Corporation and LLC law. [read post]
31 Aug 2020, 2:13 pm by IncNow
A Corporation is a legal entity that exists completely separate from its officers, directors and employees, and is typically composed of natural persons that hold stock in the corporation, known as “stockholders”. [read post]
14 Nov 2022, 3:40 pm by Charlie Mounts
Customer Connexx, LLC et al first appeared on Renne Public Law Group. [read post]
26 Apr 2022, 8:14 am by IncNow
It is typically composed of natural persons that hold stock in the corporation, known as “stockholders”. [read post]
20 Apr 2020, 4:10 am by Peter Mahler
The assignment also included the assignee’s agreement to hold the pier rights in trust for the members of the LLC individually and to divide the net proceeds from any recovery to each member in equal shares. [read post]
10 Feb 2017, 6:00 am by Laura Valade
Organization of the Limited Liability Company El Coronado Holdings, LLC (ECH), was formed in 1997 with four initial members: Husband, wife, Valer Trust, and Josiah Trust. [read post]
19 Oct 2020, 4:19 am by Franklin C. McRoberts
Pachter involved four real property holding LLCs, two with written operating agreements, two without, owning multi-family properties in Brooklyn. [read post]