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23 Aug 2021, 4:56 am by Franklin C. McRoberts
” The Allegations in the Complaint In Azaria v Uhr, a 52% member of 695 Monroe Street, LLC, sued his 48% co-member for an accounting, judicial dissolution, and appointment of a receiver to wind up the LLC’s affairs. [read post]
2 Feb 2020, 7:05 am by Jay R. McDaniel, Esq.
The difference is that the limited remedy states permit Courts to compel the company to dissolve, i.e., to cease normal operations, and to begin winding up its affairs. [read post]
30 Mar 2010, 6:22 pm by Kellen
    Contact me if you would like me to set up a LLC to own property currently in your own name or property you are looking to purchase as an investment. [read post]
21 Oct 2019, 12:14 am by Peter Mahler
District Court, the case involved a multi-count complaint brought by a voluntarily dissolved LLC and one of its members against the other member, seeking the orderly winding up and distribution of the LLC’s assets. [read post]
30 Mar 2014, 11:15 am by Glenn R. Reiser
  The Revised LLC Act provides that unless the members of the LLC agree otherwise,any distributions to members before the dissolution and winding up of the LLC are to be made to members in equal shares. [read post]
7 Aug 2019, 3:49 pm by Seth Hilton
On July 29, 2019, the Ninth Circuit Court of Appeals affirmed the lower court’s decision in Winding Creek Solar LLC v. [read post]
7 Aug 2019, 3:49 pm by Seth Hilton
On July 29, 2019, the Ninth Circuit Court of Appeals affirmed the lower court’s decision in Winding Creek Solar LLC v. [read post]
30 Jan 2007, 10:32 pm
The High Court held that the right of a shareholder to prove for damages against the company for the misrepresentation was not governed by s 563A of the Act which postpones all members' rights on a winding up until all creditors have been paid. [read post]
28 Apr 2017, 4:53 am by Carl Neff
 But as Vice Chancellor Montgomery-Reeves held:  “a creditor may only seek the appointment of a trustee or receiver [under Section 18-805] when a certificate of cancellation is filed after the dissolution and winding up of the company, not where the certificate of formation has been canceled by operation of law for want of a registered agent. [read post]
18 May 2020, 3:50 am by Peter Mahler
Default rules for the non-judicial dissolution and winding up of LLCs were changed from those akin to an at-will partnership to those emulating the corporation’s perpetual existence. [read post]
5 Aug 2022, 12:15 am
Accordingly, the trial court was required to dismiss the buy-out proceeding and direct the parties to proceed with the winding up of the LLC. [read post]
20 Apr 2020, 4:10 am by Peter Mahler
Section 606 bars a member from withdrawing from the LLC prior to its dissolution and winding up. [read post]
7 Sep 2018, 8:50 am by Jennifer Mersing
  On August 31, 2018, NorthWestern filed a motion to revoke the QF status of Beaver Creek Wind I, LLC, Beaker Creek Wind II, LLC, Beaver Creek Wind III, LLC and Beaver Creek Wind IV, LLC (collectively, the “Beaver Creek Projects”), arguing that the integration of battery storage facilities causes the Beaver Creek Projects to exceed the maximum 80 MW QF capacity for small power production facilities. [read post]
7 Sep 2018, 8:50 am by Jennifer Mersing
  On August 31, 2018, NorthWestern filed a motion to revoke the QF status of Beaver Creek Wind I, LLC, Beaker Creek Wind II, LLC, Beaver Creek Wind III, LLC and Beaver Creek Wind IV, LLC (collectively, the “Beaver Creek Projects”), arguing that the integration of battery storage facilities causes the Beaver Creek Projects to exceed the maximum 80 MW QF capacity for small power production facilities. [read post]
27 Aug 2018, 3:49 am by Peter Mahler
First, he invites the petitioners to re-apply for appointment of a receiver to wind up Epic’s affairs, which he had denied previously. [read post]
25 Jul 2023, 12:15 am
The LLC's total assets would be less than the sum of its total liabilities plus the amount that would be needed, if the LLC were to be dissolved, wound up, and terminated at the time of the distribution, to satisfy the preferential rights upon dissolution, winding up, and termination of members whose preferential rights are superior to those of persons receiving the distribution. [read post]
18 Nov 2019, 3:47 am by Peter Mahler
” The court also noted the absence of any evidence “that plaintiffs believed that the LLC was winding up at the time they bought the second, deceased member’s interest. [read post]
26 Aug 2009, 10:39 am
Proliance completed the sale of its North American business to Centrum Equities XV, LLC on August 14, 2009. [read post]
29 Oct 2012, 12:07 pm by Irene C. Olszewski, Esq.
  The winds have been increasing steadily all day and as of this writing, have really begun to pick up. [read post]