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19 Jul 2020, 12:42 pm
Ct. [read post]
27 Apr 2020, 4:22 am
Ct. [read post]
24 Sep 2017, 7:32 am
Farmington Sports Arena, LLC, 306 Conn. 107 (2012). [read post]
24 Sep 2017, 7:32 am
Farmington Sports Arena, LLC, 306 Conn. 107 (2012). [read post]
22 Jun 2010, 8:06 am
In Mooring Capital Fund, LLC v Comstock North Carolina, LLC (07 CVS 20852, Wake Co., Business Ct.), 2006 WL 46447078, 2009 NCBC 26, Judge Jolly was ruling on motions to stay, dismiss, and appoint a receiver.In the course of issuing his ruling, the Judge opined, for what appears to be the first time in North Carolina, that, just as directors of a corporation are, the managers of an LLC are protected by the business judgment rule. [read post]
22 Jun 2010, 8:06 am
In Mooring Capital Fund, LLC v Comstock North Carolina, LLC (07 CVS 20852, Wake Co., Business Ct.), 2006 WL 46447078, 2009 NCBC 26, Judge Jolly was ruling on motions to stay, dismiss, and appoint a receiver.In the course of issuing his ruling, the Judge opined, for what appears to be the first time in North Carolina, that, just as directors of a corporation are, the managers of an LLC are protected by the business judgment rule. [read post]
22 Jun 2010, 8:06 am
In Mooring Capital Fund, LLC v Comstock North Carolina, LLC (07 CVS 20852, Wake Co., Business Ct.), 2006 WL 46447078, 2009 NCBC 26, Judge Jolly was ruling on motions to stay, dismiss, and appoint a receiver.In the course of issuing his ruling, the Judge opined, for what appears to be the first time in North Carolina, that, just as directors of a corporation are, the managers of an LLC are protected by the business judgment rule. [read post]
7 Feb 2011, 11:22 am
” I noted that the parties therefore “may need to be careful about specifying the purpose of the LLC in the operating agreement. [read post]
10 Jan 2017, 8:00 am
Ct. [read post]
10 Jan 2017, 8:00 am
Ct. [read post]
4 Dec 2020, 5:41 am
Ct. [read post]
22 Oct 2018, 3:17 am
Ct., Nassau Cty. 2014). [read post]
23 Mar 2018, 6:53 am
Ct. [read post]
24 Sep 2018, 2:31 am
Not according to Manhattan Commercial Division Justice Saliann Scarpulla whose decision last month in Yu v Guard Hill Estates, LLC, 2018 NY Slip Op 32008(U) [Sup Ct NY County Aug. 15, 2018], dismissed a minority member’s claim for judicial dissolution of two family-owned, realty-holding LLCs under Section 702 of New York’s LLC Law. [read post]
25 Sep 2019, 4:25 am
Ct. [read post]
10 Dec 2018, 3:08 am
The LLC also proposed a second cause of action against the former managing members for breach of the fiduciary duties of loyalty and care based on insider loans at excessive rates and other acts of self-dealing, as well as risking forfeiture of the LLC’s $1.1 million down payment by the putative seller of the hotel property. [read post]
5 Jul 2010, 4:00 am
LLC Law section 409 and New York case law impose fiduciary duties of care and loyalty on member-managers of limited liability companies. [read post]
22 Jan 2020, 7:01 am
Ct. [read post]
18 Jul 2012, 8:45 am
Ct. 2012). [read post]
