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4 Oct 2021, 4:11 am by Peter Mahler
Put otherwise, the absence of a public market for equity interests in a closely held business virtually assures that a poorly conceived or non-existent buy-sell agreement is a dissension and litigation breeder. [read post]
5 Apr 2017, 5:55 am
KKR Financial Holdings, LLC, the Delaware Supreme Court held that the fully informed, uncoerced approval of a merger by a majority of disinterested stockholders would restore the presumption of the business judgment rule. [read post]
Three of the targeted companies with early annual meetings—Deere, Hewlett-Packard and Walt Disney—are seeking no-action relief on ordinary business grounds. [read post]
20 Dec 2023, 7:19 am by The White Law Group
Ameriprise Advisor Eric Kubiak Barred after Allegations of Outside Business Activities  According to public records on December 14, 2023, the Financial Industry Regulatory Authority (FINRA) has barred financial advisor Eric Kubiak (CRD#: 4637674) after allegations of potential involvement with undisclosed Outside Business Activities, including those potentially related to crypto assets. [read post]
14 Sep 2021, 7:24 am by Rebecca Tushnet
Trade Data Monitor, LLC, 2021 WL 2134909, No. 2:18-cv-01025-DCN (D.S.C. [read post]
25 Oct 2013, 2:25 pm
True Beginnings splits from potential buyerPlentyofFish Media Inc. has broken off a deal to acquire the assets of True Beginnings LLC's online dating business, citing concerns over the members' privacy. [read post]
1 Jun 2013, 5:55 am by Brad Kuhn
  Aside from the value of the property, the City will also need to deal with relocating the businesses occupying the 19,680 square foot building, including providing relocation benefits, paying for furniture, fixtures and equipment (FF&E), compensating the businesses for loss of goodwill, and potentially other claims (such as leasehold bonus value). [read post]
12 Dec 2018, 9:35 am by zamansky
The IBM workers’ lawsuit accused the company of hiding its microelectronics business’ struggles from investors, failing to disclose a situation that became alarmingly public when IBM paid another company $1.5 billion to take the business off IBM’s hands. [read post]
23 Jan 2017, 6:20 am
., LLC, on Monday, January 23, 2017 Editor's Note: Emmet McNamee is a Research Associate at Glass, Lewis & Co., LLC. [read post]
21 Jul 2010, 5:52 pm by Joe Mullin
The non-practicing entities, or "patent trolls," like Gooseberry that file lawsuits generally go after large, public companies with deep pockets. [read post]
18 Sep 2011, 7:29 am by Larry Ribstein
To begin with, the LLC operating agreement, in a section titled “Other Activities of Members,” provided that “[a]ny Member may engage in business ventures and investments of any nature whatsoever, whether or not in competition with the LLC, without obligation of any kind to the LLC or to the other Members. [read post]
9 Oct 2020, 7:54 am by John Jascob
The SEC’s wide-ranging request for comments seeks input in 62 specific areas, covering topics that include, among others:the plan’s effective and operative dates;the plan’s structure as an LLC agreement;the plan’s definitions;the organization and membership of the LLC;the composition, selection, responsibilities, and action of the operating committee;transactions with persons in which an SRO or any of its affiliates has a connection or a direct or indirect… [read post]
6 Dec 2022, 9:01 pm by Michael C. Dorf
On Monday, the Supreme Court heard oral argument in 303 Creative LLC v. [read post]