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27 May 2021, 6:28 am by John Jascob
The court laid out a framework that it then used to hold subsidiary LLCs liable for an appraisal judgment that stockholders held against the LLCs’ member. [read post]
26 May 2021, 9:00 am by jeffreynewmanadmin
Cambria Company LLC, headquartered in Le Sueur, MN, provided information to the Government about the evasion. [read post]
26 May 2021, 8:42 am by John Jascob
Nelson, J.D.The SEC’s Division of Trading and Markets, pursuant to delegated authority from the Commission, recently approved a proposal submitted by The Nasdaq Stock Market LLC to permit the exchange to allow companies to conduct primary direct listings. [read post]
24 May 2021, 7:22 am by The White Law Group
For further discussion of the Company’s NAV calculation, please see “Net Asset Value”. [read post]
21 May 2021, 10:22 am
Call McNamara Phelan McSteen, LLC at 815-727-0100 to schedule a free consultation and find out about your legal options. [read post]
20 May 2021, 7:32 am by Jill K. Dolan
On May 17, 2021, the Consumer Financial Protection Bureau (“CFPB”) announced that it entered into a proposed settlement of its lawsuit filed in a Massachusetts federal district court against debt settlement company DMB Financial, LLC (“DMB”), alleging that the company engaged in deceptive acts or practices in violation of the Telemarketing Sales Rule (“TSR”) and the Consumer Financial Protection Act (“CFPA”). [read post]
14 May 2021, 10:30 am by Andrew Hamm
In Cal Cartage Transportation Express, LLC v. [read post]
6 May 2021, 8:09 am by Tammy Binford, Contributing Editor
Burgett, an attorney with Frost Brown Todd LLC in Columbus, Ohio, says the withdrawal puts employers “back to where they’ve always been—in a place where an individual’s classification should be carefully considered. [read post]
4 May 2021, 4:45 am by Imke Ratschko
In 509 it provides, upon withdrawal as a member of the limited liability company, …….., if not otherwise provided in the operating agreement, he or she is entitled to receive, within a reasonable time after withdrawal, the fair value of his or her membership interest in the limited liability company as of the date of withdrawal based upon his or her right to share in distributions from the limited liability company. [read post]
3 May 2021, 4:22 am by Peter J. Sluka
  If the operating agreement itself provides a fair opportunity for the dissenting member who disfavors the inertial status quo to exit and receive the fair market value of her interest, it is at least arguable that the LLC can still proceed to function, because there exists an equitable way to break the impasse. [read post]
A DAO must maintain presence in the state through a registered agent and would need to include in its name a proper designation such as “DAO”, “DAO LLC” or “LAO”. [read post]
28 Apr 2021, 10:17 am by Liza Craig and Joshuah Turner
On April 26, 2021 the Government Accountability Office (GAO) issued a decision in the matter of Innovate Now, LLC. [read post]