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28 Jun 2021, 3:10 am
Besen v Farhadian, decided last week by the Manhattan-based Appellate Division, First Department, involved a dispute among equal one-third members of an LLC that owns a six-story multi-family apartment building. [read post]
22 Feb 2016, 8:25 pm
The Business Flexibility Act treats those two categories of rights very differently.[1] It is indisputably clear that economic rights in an Indiana LLC are property rights because the Indiana statute expressly says so: Continue Reading The post LLC Interests and a Member’s Bankruptcy, Part III appeared first on Indiana Business Law Blog. [read post]
4 May 2023, 1:17 pm
An LLC establishes a clear legal distinction between the business and its owners, who are referred to as “Members. [read post]
13 Jul 2022, 9:15 pm
appeared first on Symmes Law Group. [read post]
2 Oct 2007, 10:41 am
Benefit: Property can easily be placed in an LLC Pitfalls: You can transfer title to an LLC in minutes--the forms are short and clear. [read post]
12 Oct 2018, 11:20 am
Buy Sell Tips appeared first on IncNow. [read post]
19 Dec 2008, 6:38 am
In this derivative case involving an LLC, the LLC agreement's modification of fiduciary duties was not clear enough to choose one reasonable interpretation over another at the summary judgment stage. [read post]
21 Mar 2024, 1:47 pm
First, Iowa Code §489.105(1) specifically authorizes an LLC to bring any lawsuit and does not have a precondition for bringing suit. [read post]
20 Feb 2019, 5:55 am
The post Despite Clear Risks, Wall Street Firms Continue to Push Yield Enhancement Strategies (YES) for Individual Investors appeared first on Zamansky LLC. [read post]
17 Jun 2019, 3:16 am
The appellate court began its analysis with the broad pronouncement that “[b]oth the operating agreement and the statutes make clear membership is not the same as possession of a transferable interest. [read post]
12 Jul 2010, 8:15 am
The third leg supporting the Court's decision was the LLC's incorporation of Virginia Code § 13.1-1024.1 that "requires managers to carry out their duties with 'good faith business judgment [that is in] the best interest of the [LLC].'" The incorporation of this section, according to the court, was a clear reflection of the LLC’s "intention to hold managers' actions to a certain standard. [read post]
14 Jun 2021, 4:32 am
Last month, in its first foray into LLC dissolution, the Iowa Supreme Court interpreted and applied Iowa’s LLC dissolution statute in a fascinating case called Barkalow v Clark. [read post]
5 Oct 2018, 2:03 pm
Many Delaware LLC Agreements entitle the sitting members of an LLC the Right of First Refusal (ROFR) to prevent the transfer of an interest to an outsider. [read post]
19 Dec 2020, 6:01 pm
appeared first on Atlanta Business Litigation Attorneys Blog. [read post]
22 Feb 2024, 10:00 am
Keeping the business formalities and structures clear is of critical importance. [read post]
22 Feb 2024, 10:00 am
Keeping the business formalities and structures clear is of critical importance. [read post]
13 Nov 2023, 4:07 am
Not until the 1545 Ocean Avenue decision 11 years later (see below) was there a clear, appellate repudiation of importing the BCL standard into LLC dissolution jurisprudence. 2004: The “Statutory Operating Agreement”. [read post]
15 Oct 2021, 7:28 am
Corvia and Henley & Company LLC May Have Claims in FINRA Arbitration appeared first on Zamansky LLC. [read post]
19 Jan 2018, 2:18 pm
The post How to ‘Net More’ by Saving on Taxes for Single Member LLCs appeared first on IncNow. [read post]
3 Jun 2019, 3:27 am
Tony filed the first state court lawsuit for injunctive relief after he was removed from the company’s bank account. [read post]
