Search for: "General Parts Distribution, LLC"
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28 Apr 2015, 8:51 am
While determination of whether an interest is part of the bankruptcy estate is a federal question, courts look to state law to define the debtor’s interests. [read post]
14 Aug 2021, 6:27 am
LLC v. [read post]
12 Nov 2013, 11:49 am
There are also winding up procedures and a waterfall of distributions of LLC’s assets upon dissolution.General provisionsLast but not least, the general provisions can include a provision requiring members to settle disputes first through non-binding mediation, followed by binding arbitration. [read post]
21 Oct 2015, 11:58 am
While there was general agreement that in the case of multi-member LLC’s a creditor’s sole remedy was to obtain a charging order, such was not the case with single member LLC’s. [read post]
21 Oct 2015, 11:58 am
While there was general agreement that in the case of multi-member LLC’s a creditor’s sole remedy was to obtain a charging order, such was not the case with single member LLC’s. [read post]
21 Oct 2015, 11:58 am
While there was general agreement that in the case of multi-member LLC’s a creditor’s sole remedy was to obtain a charging order, such was not the case with single member LLC’s. [read post]
21 Nov 2021, 6:21 pm
Generally, property that is acquired by spouses during a marriage is subject to equitable distribution. [read post]
31 Aug 2020, 4:56 am
While put rights generally are a strong exit mechanism, GMX Technologies v. [read post]
28 Jun 2021, 3:10 am
It’s also characteristic of many inter-generational family owned realty firms. [read post]
6 Feb 2023, 1:28 pm
In Innovative Health LLC v. [read post]
7 Jul 2010, 9:12 am
In Condo, one of the members of an LLC assigned his membership interest (in the form of the right to receive distributions from the LLC) to his ex-spouse as a part of his divorce. [read post]
3 Aug 2015, 3:06 pm
Part of the money was compensation for husband, and part of the distributions were passive income to be divided in the equitable distribution. [read post]
17 Jul 2015, 9:34 am
The RSA and proposed plan contemplate that the Debtors’ general unsecured creditors will receive no distribution on account of their claims. [read post]
7 Oct 2011, 1:18 pm
As part of the scheme, Medicare was billed in excess of $2 million for medically unnecessary tests and services. [read post]
17 Nov 2022, 8:45 am
The Operating Agreement is the internal document that describes the ownership interest of each LLC member and establishes how distributions are made from the company’s profits. [read post]
20 Jun 2016, 3:16 am
After citing Connecticut law governing the powers of executors generally and the statute analogous to New York’s section 608, the court wrote: The defendant’s assertion that the plaintiff lacked standing because the decedent’s interest in the company is not part of the estate is based on a misinterpretation of the operating agreement and a misunderstanding of the law regarding the administration of estates. [read post]
20 Nov 2017, 2:13 am
” Under the LLC statutes in New York and most other states, except as otherwise provided in the operating agreement, LLC membership interests are freely assignable in whole or in part. [read post]
8 Feb 2013, 7:44 pm
That's called a charging order, and it's something like an order for the garnishment of wages, applied to a member's right to receive LLC distributions. [read post]
19 Nov 2018, 3:46 am
The check box in Part II of the K-1s issued to the plaintiff and one defendant identify each as “General partner or LLC member-manager” and the other defendant as “Limited partner or other LLC member. [read post]
2 Feb 2021, 1:38 pm
After signing, distribute copies of the Operating Agreement to each member. [read post]
