Search for: "Definition Delaware, LLC"
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1 Apr 2009, 1:56 pm
April 1, 2009) In the case of an LLC, unlike in a Delaware corporation, the statutory definitions of who may seek court relief have not been broadened. [read post]
28 Jan 2021, 6:09 pm
” Several terms were defined in the agreement–with rather lengthy definitions–but the definitions did not provide sufficient clarity. [read post]
16 Feb 2018, 6:00 am
In re Oxbow Carbon LLC Unitholder Litigation, C.A. 12447-VCL (February 12, 2018) This may be the definitive decision on when and how to apply the covenant in every LLC agreement to act in good faith and deal fairly. [read post]
19 Feb 2021, 9:41 am
A recent Delaware Court of Chancery decision provided an exemplary analysis of when a deadlock in an LLC might be the basis for a dissolution. [read post]
23 Jan 2019, 9:31 am
Under this definition, a legal entity will have a total of between one and five beneficial owners (i.e., one person under the control prong and zero to four persons under the ownership prong). [read post]
9 Aug 2018, 6:00 am
Triumph Aerostructures-Tulsa LLC v. [read post]
12 Jul 2018, 9:00 am
But in Wayne Land & Mineral Group LLC v. [read post]
6 Sep 2016, 3:24 am
” The court further explained: If one becomes a present manager upon one’s election by the members, then no future manager has rights under the LLC agreement because, by definition, they have not yet been elected. [read post]
22 Feb 2017, 9:16 am
In IAC Search, LLC v. [read post]
12 Dec 2021, 8:10 pm
The recent Delaware Supreme Court decision in AB Stable VIII LLC v. [read post]
21 Mar 2022, 6:21 pm
AW Site Services, LLC, C.A. [read post]
26 Apr 2021, 10:02 am
Under this definition, a legal entity will have a total of between one and five beneficial owners (i.e., one person under the control prong and zero to four persons under the ownership prong). [read post]
15 Feb 2020, 3:00 am
Holdings LLC, 125 A.3d 304 (Del. 2015) and Kahn v. [read post]
27 Feb 2024, 6:26 am
Furthermore, following the Cantor ruling, the Delaware Supreme Court accepted an interlocutory appeal regarding a Chancery Court ruling in Sunder Energy, LLC, v. [read post]
18 Jun 2019, 6:42 am
In KT4 Partners LLC v. [read post]
22 Jan 2023, 6:59 pm
Brennecke** Courtesy of the Delaware Business Court Insider, which published this article in two parts (it’s 34-pages long), this is our annual review of key Delaware corporate and commercial decisions. [read post]
14 Nov 2009, 7:02 pm
This decision of the Delaware Court of Chancery is chock full of substantive Delaware LLC law that is of practical usefulness for business lawyers and litigators. [read post]
29 Mar 2016, 8:03 pm
National Financial, LLC, C.A. [read post]
3 Sep 2010, 8:19 am
The decision supports a very narrow interpretation of who can be an "employer" for the purposes of individual liability under the Delaware Wage Payment Collection Act--a definition more narrow than the definition of "employer" under the federal Fair Labor Standards Act. [read post]
1 Oct 2015, 1:45 pm
Nicholson’s shares of Sagent Energy LLC, a Delaware limited liability company. [read post]