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22 May 2017, 3:28 am
The additional LLC units, in the form of convertible notes, were intended to raise capital from outside investors. [read post]
22 May 2017, 3:28 am
The additional LLC units, in the form of convertible notes, were intended to raise capital from outside investors. [read post]
13 Jul 2020, 4:51 am
Other contributing factors, not limited to transferees, may be the relative infrequency compared to corporations with which LLC membership interests are formally certificated, and default rules permitting variable voting and economic percentages based on changes in a member’s capital account. [read post]
Repeat After Me: You May Not Expel a Member of a New York LLC Unless the Operating Agreement Says So
17 Sep 2018, 3:25 am
On the one hand, she claimed that, at inception, she and the petitioner orally agreed to 50/50 membership but that petitioner’s interest wouldn’t “vest” until he matched her $200,000 capital contribution which, she alleged, he never did. [read post]
24 Apr 2015, 9:22 am
However, this short article in Inc. magazine by Ryan Feit argues that even startups expecting venture capital funding should resist this advice and remain an LLC. [read post]
18 Apr 2017, 9:30 am
I frequently have people ask me whether I can help them set up an LLC for their business, and who often think, for whatever reason, that the LLC is their only option. [read post]
18 Apr 2017, 9:30 am
I frequently have people ask me whether I can help them set up an LLC for their business, and who often think, for whatever reason, that the LLC is their only option. [read post]
5 Dec 2016, 3:20 am
In May 2016, acting under authority of the disputed operating agreement, the 75% member issued a capital call and allegedly reduced the petitioner’s membership interest to 14.6% after she did not contribute the called-for capital of $25,000. [read post]
30 Nov 2023, 6:41 am
Barrett Financial Group, LLC, 2023 WL 7552330 (D. [read post]
4 May 2011, 11:13 am
Unless you've been living in a compound, off the grid with no internet access in a medium sized city outside the capital of a troubled nation in South Asia, you undoubtedly are aware of the Supreme Court's decision in AT&T Mobility LLC v. [read post]
15 Apr 2010, 6:47 am
Very often, a new business owner will ask me whether it is better to form a corporation or an LLC. [read post]
18 Jan 2021, 2:11 am
The business never had or could get conventional financing and relied for capital on loans from friends and family. [read post]
26 Aug 2019, 3:44 am
If we have to could we quickly, temporarily, put me on the corporation [sic] for a week? [read post]
15 Apr 2010, 9:40 am
Very often, a new business owner will ask me whether it is better to form a corporation or an LLC. [read post]
9 May 2023, 11:50 am
To me, just because you say you'll eventually pay me and have a plan to do so doesn't necessarily make it so. [read post]
15 Jun 2015, 3:13 am
Call me biased because I’m a lawyer. [read post]
20 Jul 2016, 11:30 am
” The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. [read post]
3 Dec 2010, 1:06 pm
Mason Capital Management LLC, which describes itself as "significant investors" in Airgas, Inc., submitted a letter to the company's board of directors today. [read post]
29 May 2012, 8:00 am
The rich are different than you and me. [read post]
21 Apr 2012, 8:13 am
Editor’s Note: Richard Breeden is the founder and chairman of Breeden Capital Management LLC and former chairman of the U.S. [read post]
