Search for: "Definition Delaware, LLC"
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28 Aug 2017, 7:31 am
Given that there is no reference to a director in the Ohio LLC Act (there are only members and managers, Revised Code §1705.01, definitions), how does the director have to evidence his or her “official” capacity to sign on behalf of the LLC or the board? [read post]
31 Jul 2018, 7:23 pm
Georgetown Basho Investors, LLC, C.A. [read post]
17 Apr 2023, 4:01 am
The OA’s definitional section includes the term “Interest” defined as “a Person’s share of the profits and losses of the Company and a Person’s right to receive distributions of the Company’s assets in accordance with the provisions of this Agreement and the [Delaware LLC] Act. [read post]
6 May 2019, 12:26 am
Vice Chancellor Glasscock’s recent valuation opinion in Smith v Promontory Financial Group, LLC, Mem. [read post]
14 Mar 2022, 1:59 pm
Financial Lines, and Dan Bailey, Member of Bailey Cavalieri LLC, take a look at the Delaware captive legislation and raise a number of concerns about the new law. [read post]
4 Jul 2015, 3:12 pm
Where a director places his own interest and self-gain above that of the LLC, there is a violation of the duty of loyalty. [read post]
28 Jun 2017, 3:11 pm
Westinghouse Electric Company LLC, No. 573, 2016 (Supr. [read post]
29 Dec 2023, 6:00 am
Parent, LLC v. [read post]
7 Nov 2022, 8:38 am
The parties In a very recent opinion on October 6, 2022, by the Delaware Chancery Court, Kodiak Building Partners, LLC v Adams, Vice Chancellor Zurn ruled that the restrictive covenants imposed on a stockholder in an acquisition were overbroad and unenforceable. [read post]
18 Sep 2017, 3:50 am
The LLC Agreement included a forum selection clause consenting to personal jurisdiction in the Delaware courts. [read post]
18 Sep 2017, 3:50 am
The LLC Agreement included a forum selection clause consenting to personal jurisdiction in the Delaware courts. [read post]
27 Feb 2023, 4:34 am
Until a more definitive case comes along, I expect estate counsel to cite 1376 Forest and LLC Law 608 as altering the balance of power in disputes with the surviving members of an LLC, whether over dissolution or conceivably asserting derivative claims. [read post]
8 Dec 2014, 5:11 pm
” Thus, in California, an LLC formed under Delaware law or Nevada law is considered to be a foreign LLC. [read post]
2 Aug 2009, 9:56 am
Overview of Ruling First, the court held that the plaintiff was entitled to copies of the general ledgers of the LLC - - and not simply the ability to read them, based on both: (1) The language of the Operating Agreement; and (2) Section 18-305 of the Delaware LLC Act, found in Title 6 of the Delaware Code. [read post]
2 Mar 2018, 4:08 am
The lesson of Arga Capital, Inc. v Kreiner & Kreiner LLC February 23, 2018 Supreme Court, New York County Docket Number: 651649/2014 Judge: Saliann Scarpulla is that a conflict of interest coupled with demonstrable negligence can definitely support a legal malpractice claim. [read post]
5 Jan 2022, 10:49 am
In BAM International, LLC v. [read post]
30 Jul 2019, 12:05 pm
See Conduent State Healthcare, LLC v. [read post]
7 Dec 2011, 12:21 pm
Partners LLC v. [read post]
14 Jan 2011, 8:59 pm
ViaSource Funding Group, LLC, No. 08 Civ. 3062(PKL) (S.D.N.Y. [read post]
1 Oct 2020, 10:33 pm
What if a corporation or a limited liability company (LLC) is formed in another state, like Delaware or Nevada, but does business in California? [read post]