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24 Feb 2011, 9:57 am by Kyle Fleming
Tuesday, February 15 was a light day for new infringement filings with only 2 new cases: 2011-1211 Joao Bock v Sleepy Hollow SD/NY 03-cv-10199 Judge Warren Eginton Plaintiff appeals from the jury verdict that the asserted claims of 6,529,725 were invalid (§ 102(a), (b) and (e) and § 103) and not infringed. [read post]
30 Oct 2017, 4:29 am by Franklin C. McRoberts
On reply, the petitioners submitted an email chain over the course of a single day in December 2014, in which Homapour slurred Piroozian several times, as proof that it was “not reasonably practicable” to carry on the business. [read post]
26 Apr 2021, 3:19 am by Peter Mahler
At least for New York LLCs, a member can be expelled from an LLC only if expressly authorized by the operating agreement. [read post]
1 Dec 2023, 10:00 am by Rubric Legal LLC
The post New Compliance Requirement – Beneficial Ownership Interest Reporting appeared first on Rubric Legal LLC. [read post]
4 Mar 2013, 3:30 am by Peter Mahler
The judge reasonably declined to continue the status quo, given the precarious financial condition of All Saints, the fractured relationship of the LLC’s members, Yusuf’s denial of the school’s financial problems, and his unwillingness to infuse more funds into the business. [read post]
Dawn Wiley was associated with Wells Fargo Advisors, LLC and its predecessor Wachovia Securities LLC from 2000 until her termination on January 3, 2012. [read post]
4 Oct 2022, 9:55 am by Jay R. McDaniel, Esq.
That means the right to participate in the management of the company and make decisions about day-to-day operations. [read post]
21 Mar 2016, 3:28 am by Peter Mahler
The business took seed when an opportunity arose to provide MRI scanners to two hospitals operated by the New York City Health and Hospitals Corporation (“HHC”). [read post]
22 Apr 2024, 1:35 am by Katelynn Minott, CPA & CEO
Sole proprietors are subject to unlimited liability, meaning they are personally responsible for their business’s legal, financial, and tax issues. [read post]
15 Jun 2015, 3:13 am by Peter Mahler
True, the LLC Law requires that every New York LLC have a written operating agreement within 90 days of formation, however there’s no penalty for non-compliance and the case law applies the “statutory operating agreement,” i.e., the LLC Law’s default rules, whenever there’s no written agreement. [read post]
13 Sep 2019, 6:42 am by John Jascob
XYPN’s complaint, filed in the federal court in the Southern District of New York, tells a remarkably similar story to the complaint by eight state attorneys general filed days earlier. [read post]
10 Feb 2014, 3:06 am by Peter Mahler
The members entered into a carefully prepared, 45-page operating agreement which delegated responsibility for day-to-day management, and for identifying investment opportunities, to the plaintiff in return for payment of a so-called “promote” contingent on the achievement of certain financial milestones. [read post]
10 Aug 2015, 3:28 am by Peter Mahler
First, a petition asserting hostility-infused deadlock between co-managers of a New York LLC will be dismissed summarily absent allegations that the deadlock defeats the LLC’s purposes as defined in the operating agreement, or is causing the LLC to fail financially. [read post]
18 Sep 2019, 8:28 am by DanSchlanger
Schlanger Law Group works every day to even the playing field and hold predatory lenders, overzealous debt collectors, and others accountable under federal and state law. [read post]