Search for: "Classic Realty Holdings LLC"
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6 Feb 2013, 7:59 am
Juno Loudoun, LLC, 684 F.Supp.2d 731 (E.D. [read post]
6 Dec 2021, 4:49 am
LLC, 2021 NY Slip Op 32281(U) [Sup Ct, NY County Nov. 12, 2021], exploring three limits New York law imposes upon the ability to recover LLC indemnification. [read post]
27 Dec 2012, 10:50 am
Relying on Balbuena v IDR Realty LLC, the defendants contend that, because the plaintiff, an undocumented alien who is ineligible for employment in this country, submitted false documentation when he was hired by City Wide, he was not entitled to any damages for lost wages. [read post]
23 Dec 2012, 12:00 pm
Relying on Balbuena v IDR Realty LLC, the defendants contend that, because the plaintiff, an undocumented alien who is ineligible for employment in this country, submitted false documentation when he was hired by City Wide, he was not entitled to any damages for lost wages. [read post]
1 Feb 2021, 4:46 am
In the classic scenario such as the one played out in Bak involving a singe-asset realty holding company, co-owner #1 buys the shares of co-owner #2 at a negotiated price and soon afterward sells the company’s realty at a much higher price to an outside buyer who was waiting in the wings unknown to co-owner #2. [read post]
3 Jan 2023, 4:35 am
The plaintiffs sued the defendants for failing to fund their share of around $9 million in capital calls for seven realty-holding joint ventures variously organized as LLCs, TICs, and a limited partnership. [read post]
17 Jan 2022, 1:29 am
” Cusimano v Berita Realty LLC, a 2011 trial court ruling by the Nassau County Commercial Division compelling arbitration of a 50% member’s claim for judicial dissolution of an LLC whose operating agreement included a broad arbitration clause encompassing “any dispute, controversy or claim arising out of or in connection with this Agreement or any breach or alleged breach hereof. [read post]
21 Dec 2015, 3:36 am
Goldstein v Pikus, 2015 NY Slip Op 31455(U) [Sup Ct NY County July 20, 2015], in which the court granted summary judgment dismissing an LLC dissolution petition involving a realty-holding company where the petitioner’s allegations of deadlock and misconduct by the managing member failed to establish that the LLC was financially infeasible or was unable to function in accordance with its purpose as stated in its operating… [read post]
1 Dec 2011, 1:12 pm
Gallenthin Realty Dev., Inc. v. [read post]
23 Jan 2022, 2:03 pm
The Patels formed PL Hotel Group, LLC (PL) to hold title and listed the property for sale. [read post]
23 Mar 2015, 3:32 am
LLC Law § 417 (a)(1); § 420; TIC Holdings LLC v HR Software Acquisitions Group Inc., 301 AD2d 414, 415 (1st Dep’t 2003). . . . [read post]
14 Nov 2016, 3:18 am
Given this structure, we don’t see any of the “classic” business divorce scenarios that usually occupy this blog, involving condominium ownership. [read post]
16 Jan 2021, 10:57 pm
Norwood Realty, Inc., the letter of intent contained language that was explicitly binding.[46] The court held the letter of intent fell into the first category: Here, the intent of the parties to be bound by the letter of intent is not left to inference from the terms of their agreement but is twice expressly stated in prominent parts of the letter of intent. [read post]
27 May 2019, 6:17 am
” That was the holding in the leading authority from the Supreme Court, Havens Realty Corp. v. [read post]
