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10 Oct 2018, 5:58 pm
The post Member Managed vs Manager Managed LLCs appeared first on Bongiovi Law Firm. [read post]
20 May 2019, 3:24 am
” With respect to deadlock, the court explained, when an LLC agreement requires that there be agreement between two managers for business decisions to be made, those two managers are deadlocked over serious issues, and the LLC agreement provides no alternative basis for resolving the deadlock, it is not reasonably practicable to continue to carry on the LLC business in conformity with its limited liability company agreement. [read post]
1 Apr 2020, 5:44 am
Peter Moulinos, the founder and managing partner of the firm. [read post]
13 Apr 2023, 8:03 am
Riley Wealth Management unsuitably invested its clients in the following high-risk, alternative investments: Healthcare Trust, ARC Trust V, Inc., First Capital Real Estate Trust, Inc., Hospitality Investors Trust, ARC Retail Center of America, Inc., ARC Global Trust, Inc., ARC New York City REIT, KBS Real Estate Investment Trust III, Inc. and American Finance Trust, Inc. [read post]
13 Sep 2021, 2:00 pm
However, if manager managed is not selected, the LLC by default is member managed. [read post]
9 Dec 2020, 7:27 am
However, if manager managed is not selected, the LLC by default is member managed. [read post]
13 Oct 2020, 7:45 am
However, if manager managed is not selected, the LLC by default is member managed. [read post]
13 Jan 2020, 1:25 pm
However, if manager managed is not selected, the LLC by default is member managed. [read post]
3 Aug 2018, 11:55 am
However, if manager managed is not selected, the LLC by default is member managed, which may not be what your client wants or has in its Operating Agreement. [read post]
15 Feb 2019, 11:41 am
The checklist also asks whether to include arbitration provisions or court resolution of disputes. [read post]
28 Aug 2017, 7:31 am
An officer designated by resolution, any director, the board of directors acting as a group, or a manager (if the LLC is manager-managed) or designated member? [read post]
28 Aug 2017, 7:31 am
An officer designated by resolution, any director, the board of directors acting as a group, or a manager (if the LLC is manager-managed) or designated member? [read post]
3 Nov 2021, 1:21 pm
An operating agreement is crucial for situations where a fellow member of an LLC is not pulling his or her weight, or has a different vision for the business going forward and the client wants to know the process for removing that member or dissolving the LLC. [read post]
21 Jul 2011, 7:09 pm
LLCs can also elect to be manager-managed. [read post]
21 Jul 2011, 7:09 pm
LLCs can also elect to be manager-managed. [read post]
22 Feb 2012, 9:40 am
Under New York law, LLCs are by default deemed member managed, and thus each member has management authority; however, New York law also allows the members to instead choose to have the LLC managed by a manager or a board of managers, and the manager does not need to be a member of the entity. [read post]
11 Jul 2016, 3:15 am
How, in general, should lawyers address deadlocks with clients forming multi-member LLCs with two equal members? [read post]
29 Dec 2013, 11:52 am
For example, Jane Doe, as Managing Member of ABC Supplies, LLC. [read post]
4 Apr 2018, 11:40 am
Others provide for dispute resolution by arbitration. [read post]
23 Feb 2021, 11:38 am
Silver Law Group has investigated commissions and fees charged by Worden Capital Management LLC and COR Clearing. [read post]
