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19 Aug 2016, 10:02 am by Vera Ranieri
Related Cases: Triple7Vaping.com, LLC et al. v. [read post]
9 Aug 2010, 9:57 pm by Francis G.X. Pileggi
Namely, whether fiduciary duties can be used as “default gap fillers” in LLC agreements when the agreement does not expressly disclaim them is an issue not fully matured yet although it has certainly been addressed . [read post]
12 Apr 2011, 4:59 pm
 That does not mean, however, that the professional limited liability company in dissolution has to divide up the clients. [read post]
5 Dec 2022, 4:23 am by Peter Mahler
The initial LLC agreement gives the controller the right to amend the agreement so long as the amendment does not “reduce any Member’s share of the Company’s distributions, income or gains, increase any Member’s share of the Company’s losses, or otherwise reduce the rights granted to any Member or increase the obligations of any Member if such reduction or increase would adversely affect such Member, without the consent of each Member to be adversely… [read post]
2 Dec 2013, 2:31 pm by Sutherland LNG
Department of Energy has approved EOS LNG LLC’s and Barca LNG LLC’s applications to export LNG from a proposed floating liquefaction unit and storage tanker at the Port of Brownsville, Texas to nations with a Free Trade Agreement (FTA) with the United States. [read post]
30 Jul 2009, 11:44 am
OIG permitted joint venture of Ambulatory Surgery Center (ASC) by a hospital and LLC. [read post]
19 Mar 2020, 10:35 am by Chris Wesner
The Debtors also filed the declaration of Amy Lee (the “Lee Declaration”) (Doc. 5), a senior director at Alvarez & Marsal North America, LLC (“Alvarez”), the financial advisor to the Debtors. [read post]
29 Jul 2016, 10:29 am by Jeff Gittins
The Utah Court of Appeal recently issued a decision in the case of Clearwater Farms LLC v. [read post]
5 Oct 2010, 12:20 pm
However, since a single member does not face that risk, there is no need for the charging order remedy and courts in several states have held that creditors can foreclose the interest and sell the LLC's assets to pay debts. [read post]
22 Jul 2011, 8:05 am by Ryan McCabe
The court determined that a member of an LLC is not liable for the actions of the LLC merely because of his position within the company. [read post]
9 Sep 2012, 10:00 pm by Peter Mahler
In 2008, the lower court dismissed the removal claim on the ground that the LLC Law does not empower a court to expel an LLC member absent authorization in the operating agreement. [read post]
29 Mar 2019, 9:18 am by IncNow
Even if the LLC does not actually pay a dividend to its member(s) in cash, but retains the funds for cash-flow reasons or reinvestment purposes, the income still appears on the member’s income taxes. [read post]
7 May 2021, 1:14 pm by IncNow
Even if the LLC does not actually pay a dividend to its member(s) in cash, but retains the funds for cash-flow reasons or reinvestment purposes, the income still appears on the member’s income taxes. [read post]
24 Aug 2010, 6:22 am by Kellen
  Typically, the entrepreneurial types does not think this far ahead. [read post]