Search for: "May v. Asset Acceptance, LLC"
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6 Jan 2014, 8:05 am
Asset Acceptance, LLC, United States District Court, E.D. [read post]
22 Feb 2016, 5:11 am
The post ASSET PROTECTION: Homestead v Trust appeared first on Wynn And Wynn. [read post]
4 Jul 2017, 1:33 pm
Asset Acceptance, LLC, 736 F. 3d 1076, 1079 (CA7 2013) (holding as much); Kimber v. [read post]
30 Nov 2013, 7:22 pm
The IRS instead valued the LLC interest based on a net asset value approach – valuing the assets of the LLC, deducting LLC liabilities, and then multiplying that net value by the percentage of the LLC attributable to the subject LLC interest. [read post]
20 Jan 2023, 8:05 am
at 18-19. 4 Id. 5 Id. at 32-33, citing Meyer v. [read post]
2 May 2016, 3:09 am
The new LLC was formed in June 2015 and began operating even though the three of them were unable to come to terms on an acceptable operating agreement. [read post]
1 Apr 2013, 3:34 am
The Mizrahi v. [read post]
7 Feb 2014, 3:03 pm
(See, Owen v. [read post]
8 Apr 2019, 3:48 am
Justice Knipel found the maneuver “unavailing,” explaining that, Whereas it is true that dissolution fails to immediately terminate an LLC and that the LLC continues in existence until the winding up of its affairs is completed (see LLC Law § 703), it does not follow that [petitioners] may retract their decision to dissolve [the LLC] to avail themselves of legal standing to directly (rather than through [the LLC])… [read post]
12 May 2022, 2:25 am
When this occurs, creditors who win a legal judgment against the corporation or LLC may target the personal assets of a shareholder or LLC member to satisfy the debt. [read post]
18 Feb 2013, 11:03 pm
Mizrahi may sound familiar to regular readers of this blog. [read post]
27 Sep 2010, 1:38 pm
Trust, Inc. v. [read post]
7 Dec 2020, 4:59 am
Condominium v Maguire, 2020 NY Slip Op 06844 [1st Dept Nov. 19, 2020] may open the door for a successful LLC-member derivative plaintiff to argue that the common law includes the right to recover fees from any award rendered in favor of the LLC. [read post]
8 Dec 2008, 12:00 pm
Therefore, the default provisions of the Limited Liability Company Law apply (see Overhoff v Scarp, Inc., 12 Misc 3d 350, 359; Matter of Spires v Lighthouse Solutions, LLC, 4 Misc 3d 428, 435; Rich, Practice Commentaries, McKinney's Cons Laws of NY, Book 32A, 1[A], at 176). [read post]
17 Sep 2012, 2:00 am
In Chiu, both parties’ valuation experts agreed that the single asset, real estate holding LLC had no good will value. [read post]
8 Feb 2021, 4:00 pm
In Farro v. [read post]
3 Apr 2017, 3:32 am
John may think there’s diversity for jurisdictional purposes, but he’s wrong. [read post]
20 Nov 2017, 2:13 am
The court would not accept that result. [read post]
10 Dec 2018, 3:08 am
With one exception, Justice Schechter accepted none of them. [read post]
5 Feb 2023, 5:12 pm
In an effort to resolve the disputes, T&S sent RLC an offer to trigger a buy/sell purchase option under the LLC agreement–but that was not accepted and did not result in either a purchase or a sale of either member’s interest. [read post]
