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31 May 2020, 11:59 am
Your Business Does Not Have Limited Liability: The sole proprietor or general partner of a business is personally liable for their business’s debts unless they form the business into a corporation or limited liability company (LLC). [read post]
30 Mar 2010, 6:22 pm
Depending on your lender and your desire to pay documentary stamp taxes again, you can transfer existing Florida real estate owned in your individual name to a Florida LLC. [read post]
14 Jul 2010, 7:27 am
LLC. [read post]
11 Oct 2009, 12:03 pm
The longer your business exists, the more creditworthiness your business can show, the better your bargaining power will be with landlords, credit card companies and lenders. [read post]
18 Dec 2019, 8:42 am
The ILN is proud to announce our latest firm of the month, McDonald Hopkins LLC, Ohio! [read post]
19 May 2009, 4:26 pm
Wentworth LLC, and J.G. [read post]
23 Feb 2011, 9:53 am
Often a bank or other lender will require you to make a personal guarantee or provide personal collateral in order to give your corporation or LLC a loan. [read post]
15 Dec 2011, 11:57 am
Anita Deal and Ivana Bie formed their commercial real estate business Dirt Cheap, LLC several years ago. [read post]
28 Jan 2014, 8:25 am
PSW NYC LLC, in which it was held that an agreement between a senior secured lender and a mezzanine lender prevented a foreclosure by the mezz lender until it cured payment defaults in the senior secured lender's loan. [read post]
31 Jan 2014, 9:36 am
The CFPB has been very active in its enforcement of captive mortgage reinsurance business models as HUD was with captive reinsurance title insurers business models in the mid-2000's. [read post]
8 Sep 2011, 8:55 pm
" The husband and wife "agreed to much of the property division without a trial" but "a trial was required to establish a valuation for the community business, Capital Aspects, LLC (Capital Aspects), and to determine spousal support. [read post]
10 May 2011, 10:25 am
Vitro already has a contract to sell the U.S. businesses for $44 million to an affiliate of Grey Mountain Partners LLC from Boulder, Colorado. [read post]
4 Feb 2019, 3:18 am
Instead of complying, she found, the petitioner “unilaterally informed [the mortgage lender] that there would be no mortgage extension” and that, after the respondents came up with their share of the mortgage payoff, he sought to dissolve the LLC. [read post]
22 Mar 2007, 9:02 am
Corporate Business Park, LLC, Finley owed money to the Bishop of Victoria Corporation Sole (Bishop), which is the Canadian corporation that owns the real property of the Roman Catholic diocese of Victoria, British Columbia. [read post]
7 May 2018, 3:28 am
Transactional lawyers who assist clients in the formation and restructuring of business entities, and the litigators who clean up the transactional lawyers’ occasional messes, each have lessons to learn from last week’s appellate ruling in 223 Sam, LLC v 223 15th Street, LLC, 2018 NY Slip Op 03118 [2d Dept May 2, 2018]. [read post]
14 Jan 2020, 2:12 pm
That statute provides that members may be liable for distributions which left the LLC unable to pay its debts as they became due in the ordinary course of business or which left it in the red, so to speak. [read post]
8 Nov 2017, 1:05 pm
This stalking-horse purchase agreement appears to have the support of the Debtors and secured lenders. [read post]
8 Nov 2017, 1:05 pm
This stalking-horse purchase agreement appears to have the support of the Debtors and secured lenders. [read post]
5 Apr 2010, 8:18 am
According to the story, prosecutors are said to be "reviewing the business procedures" of Docx LLC, a subsidiary of Lender Processing Services, Inc. [read post]
4 Mar 2013, 7:07 am
Last November, I was working closely with one of our clients and their real estate lender to purchase a large property in the San Francisco Bay Area. [read post]