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10 Nov 2014, 3:42 am
When not tightly drafted, expulsion provisions in shareholder or LLC operating agreements can cause a lot more trouble than they’re worth. [read post]
26 Aug 2019, 3:44 am
” Based on these and other factors addressed in the opinion, Justice Ruchelsman concluded that the petitioner failed to demonstrate that he was a member of the LLC and, “[c]onsequently, he does not maintain standing to initiate this dissolution proceeding. [read post]
10 Aug 2017, 9:32 am
Bryan C. [read post]
17 May 2023, 11:30 am
As a result of the foregoing, MML violated MSRB Rules G-27(a), (b) and (c). [read post]
12 Nov 2013, 11:49 am
(c) Tag Along and Drag Along Rights. [read post]
11 Feb 2016, 10:00 pm
In CAT3, LLC v. [read post]
19 Nov 2021, 3:27 am
LLC (Federal Reserve Release)New Obstruction-Related Charges Filed Against Former Bank Vice President Convicted In Insider Trading Securities Fraud Scam / Convicted Fraudster Allegedly Ginned Up False Letters Of Support In Bid To Obtain Light Sentence for Securities Fraud Crimes (DOJ Release)Joliet Financial Advisor Indicted on Federal Fraud Charges for Allegedly Swindling C... [read post]
11 Jul 2014, 9:00 am
American Apparel’s recent termination of its CEO, Dov Charney, provides the latest example of the wide-ranging consequences that can arise when a C-level employee is let go. [read post]
15 Aug 2016, 3:33 am
Here, in a nutshell, is what happened in Saleeby as described in Manhattan Commercial Division Justice Anil C. [read post]
11 Dec 2017, 3:28 am
The default rule was one of many designed to avoid C corporation-style “double taxation” of LLC earnings. [read post]
13 Aug 2015, 11:41 am
Lee, a former AXA Advisors, LLC broker who was recently terminated by the firm in April 2015. [read post]
21 Mar 2016, 3:28 am
In 2011, HHC terminated its agreement with the LLC. [read post]
10 Feb 2014, 3:06 am
That is not to say I haven’t seen excellent, carefully prepared, thorough LLC agreements for New York LLCs. [read post]
1 Mar 2012, 3:39 pm
At a recent seminar, Chief Justice of the Supreme Court of Delaware Myron Steele stated that “[c]ourts should not imply traditional fiduciary duties when LLC agreements are silent. [read post]
5 Apr 2010, 1:30 am
Justice Sheinkman anchored his ruling in § 704(c) of the LLC Law which dictates priority of LLC asset distribution in liquidation. [read post]
11 Sep 2021, 8:16 am
The remaining 24% membership interests were sold to investors and denominated “Class B” and “Class C” interests, the Class B member having limited voting rights on mergers and acquisitions, the Class C members no voting rights, only an economic interest. [read post]
30 Jul 2014, 6:31 am
(See M.G.L. c. 149 §150.) [read post]
4 Oct 2010, 10:48 am
C. [read post]
6 Nov 2015, 12:54 pm
Capital One Services, LLC, the plaintiff alleged that his direct supervisor informed him that he had earned a sizable performance-based bonus after a favorable 2014 annual review. [read post]
