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16 Feb 2024, 12:44 pm by Richmond Cariaga
For example, under Pennsylvania law, an LLC isn’t required to keep formal records of meetings and votes. [read post]
17 May 2022, 4:30 am by Parks & Jones
Examples of provisions you might want to consider including in your operating agreement include: Member contributions Voting rights Member compensation Dissolution Dispute resolution Transfer of LLC interest/right of first refusal Admission of new members Scheduled/regular meetings Death of a member How Does an LLC Operating Agreement Protect Your Business? [read post]
9 Dec 2020, 7:27 am by IncNow
A corporation must have an annual meeting under the law. [read post]
5 Aug 2022, 2:23 pm by IncNow
Managers must meet these requirements in order to maintain the internal liability shields between each protected series and the parent LLC. [read post]
2 Jul 2021, 9:00 am by Astarita
The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a national securities lawyer with the law firm of Sallah Astarita & Cox, LLC [read post]
25 Aug 2023, 9:08 am by Carla Foster
 Law360 (August 23, 2023, 4:43 PM EDT) — The state of Georgia has turned to four attorneys from Robbins Alloy Belinfante Littlefield LLC, including lawyers who have defended state officials in previous disputes, to defend the Peach State against a suit from four district attorneys challenging a state law that […] The post Meet The Attys For Ga. [read post]
13 Jun 2017, 10:04 am by Jay R. McDaniel, Esq.
These include emails in which he expressed his interest in participating in the LLC, the fact that he was included as a signatory in an early letter of intent with HUMC, the fact that he was initially included in an email group of members and the receipt of meeting notices. [read post]
10 Apr 2024, 12:15 pm by Richmond Cariaga
Consider hiring an attorney to help draft or review the operating agreement to ensure it meets all legal requirements and best protects the interests of all members. [read post]
13 Oct 2022, 3:35 am by Cari Rincker
The operating agreement should also spell out a process for adding or removing managers, rules for meetings, and quorum requirements (how many managers must be present for a vote). [read post]
2 Mar 2020, 3:48 am by Peter Mahler
First, it focused on the operating agreement’s transfer restrictions as a bar to any conveyance to Klein, stating: Here, [the LLC’s] operating agreement allows for the transfer of membership interest, but “only with the prior unanimous consent of the other Members either in writing or at a meeting called for such purpose. [read post]
17 Dec 2021, 7:44 am by Parks & Jones
Operating your business as an LLC rather than a corporation means you’ll have to meet fewer mandatory filing and reporting requirements. [read post]
20 Jan 2023, 10:43 am by Matthew Meiners
  Whatever management structure is chosen, it is very important to clearly set forth in the Operating Agreement how decisions must be made, including when and if meetings are required, the voting percentage required to take certain actions, and whether certain authority may be delegated to others (like officers). [read post]
18 Jan 2018, 11:39 am by IncNow
A corporation has strict rules and formalities with bureaucracy including stockholders, directors, officers, and annual meetings. [read post]
1 Aug 2007, 1:56 am
The Topps Company, Inc. announced yesterday that it had postponed the special meeting of Topps' stockholders to vote on the proposed merger agreement with Michael Eisner's The Tornante Company LLC and Madison Dearborn Partners, LLC to August 30, 2007. [read post]