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10 Jan 2017, 8:00 am by Todd Presnell
Krygsheld may communicate privately with the LLC’s lawyer regarding all other aspects, such as the standard-of-care and causation. [read post]
5 Oct 2015, 3:11 am by Peter Mahler
After a luncheon with keynote speaker Professor Robert Thompson of Georgetown Law Center (one of the country’s foremost authorities and treatise writers on close corporations and LLCs), the afternoon program includes two important sessions that I suspect will be my personal favorites: The Legal Death of a LLC: A Nationwide Hodgepodge of Rules and Practices, and What Is An Operating Agreement and Why Do We Care? [read post]
19 Feb 2019, 12:25 pm by Ben Vernia
On February 19, the Department of Justice announced that it was intervening in a whistleblower’s qui tam lawsuit against two companies involved in health care for people suffering from diabetes – Arriva Medical, LLC and Alere, Inc. [read post]
11 Mar 2019, 6:44 am by Ben Vernia
Tennessee-based nursing home company Vanguard Healthcare, LLC, has agreed to pay $18 million to resolve government allegations that the company provided substandard care, the Department of Justice announced on February 27. [read post]
23 Aug 2018, 7:03 am by zamansky
  Zamansky LLC also represents investors in arbitration cases against UBS and other brokerage firms regarding Puerto Rico bonds and UBS closed end bond funds and other investments. https://www.puertoricobondfundsattorney.com/en/ The post The SEC Could Learn A Thing Or Two From Puerto Rico appeared first on Zamansky LLC. [read post]
12 Aug 2013, 3:31 am by Peter Mahler
Next, it was the Groves’ turn to take the heat for setting up two new home care agencies while serving as managing members of Heartfelt. [read post]
14 Jun 2022, 6:01 am by Ana Popovich
Steward Health Care System LLC (Steward), along with a number of corporate entities, will pay $4.735 million to resolve allegations that it violated the False Claims Act. [read post]
10 Nov 2013, 3:14 pm by Mark Zamora
Food and Drug Administration announced today that USPlabs LLC, of Dallas, Texas, is recalling certain OxyElite Pro dietary supplement products that the company markets. [read post]
9 Nov 2020, 3:31 am by Peter Mahler
The Deadlock Provision Process Technologies & Packaging, LLC (“PTP”) is a Pennsylvania-based contract manufacturer and packager of color cosmetics and other personal care products. [read post]
2 Mar 2020, 5:55 am by Anita Bernstein
But we in tort care a lot about it because more than most fields, tort needs causation to connect its remedies with an antecedent. [read post]
12 Nov 2012, 2:00 am by Peter Mahler
As this blog reported in a two-part series last February (here and here), in Auriga Chancellor Leo Strine of the Delaware Court of Chancery found liable the controlling member and manager of a Delaware LLC for engineering the sale of the LLC’s assets to himself on terms that were highly unfair to the minority members. [read post]
13 Aug 2012, 4:01 pm
§48-249-403, a member of a Tennessee member-managed LLC has only two fiduciary duties to the LLC, to other members, or to holders of financial rights: (1) The duty of loyalty; and (2) the duty of care. [read post]
10 Nov 2014, 3:42 am by Peter Mahler
When not tightly drafted, expulsion provisions in shareholder or LLC operating agreements can cause a lot more trouble than they’re worth. [read post]
19 Mar 2012, 4:00 am by Peter A. Mahler
The subject Funds are managed by two management companies organized as Delaware LLCs (the Onshore Manager and the Offshore Manager). [read post]
16 Jul 2011, 11:48 am by Ray Mullman
(“Mariner’) and Sava Senior Care Administrative Services, LLC (“Sava”), two nursing home chains operating out of Atlanta, Georgia and their principals, Murray Forman and Leonard Grunstein who also own the chain of Fundamental Long Term Care Holdings, L.L.C. [read post]
25 Jan 2010, 3:00 am by Peter A. Mahler
  But the key point here for lawyers handling Delaware formations is this: When in doubt, resolve arguable ambiguities in the DLLC Act by careful drafting in your LLC agreement. [read post]
29 Jun 2021, 6:47 am by Daily Record Staff
Stephens Church, LLC (“Lumenary”) applied for a special exception and two variances in 2017 in order to construct an assisted living facility for individuals suffering from memory-related illnesses in a Residential Low-Density Zoning District (“RLD”). [read post]
14 Oct 2009, 2:03 am
Taken Care of Investments, LLC In March 2009, Goddard filed a lawsuit on behalf of his office and the Arizona Department of Financial Institutions against an alleged foreclosure rescue operation believed to have defrauded some 270 Arizonans of their homes. [read post]