Search for: "PREFERRED PROPERTIES HOLDINGS, LLC"
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1 Aug 2018, 7:40 pm
Very briefly, a preference is money you pay or property you give to one creditor within a certain amount of time before filing bankruptcy, that you paid or gave in preference to your other creditors. [read post]
15 Jul 2019, 4:10 am
” I’d understand that statement better if the petitioners’ supporting affidavits included specific allegations of ongoing or impending, serious harm to the LLC’s property. [read post]
16 Oct 2017, 3:33 am
Background Tungsten is one of three lawsuits among the equity stakeholders in a Delaware LLC known as Ace Group International (“AGI”) that owns the rights and intellectual property of the Ace hospitality brand of hotels, following the death in 2013 of its founding majority member, Alexander Calderwood. [read post]
16 Oct 2017, 3:33 am
Background Tungsten is one of three lawsuits among the equity stakeholders in a Delaware LLC known as Ace Group International (“AGI”) that owns the rights and intellectual property of the Ace hospitality brand of hotels, following the death in 2013 of its founding majority member, Alexander Calderwood. [read post]
12 Apr 2020, 6:39 pm
Background This precise issue was addressed in the recent decision of SolarReserve CSP Holdings LLC v. [read post]
5 Jun 2012, 5:42 pm
The other party tries to seize your 50% interest in the rental property LLC. [read post]
15 Jun 2023, 6:06 am
Widow of Owner Refuse Request for PPP Loan Application That’s the holding in an Appellate Division opinion in Lamme v. [read post]
12 Nov 2013, 11:49 am
It is possible, for example, for a member that holds 50% of percentage interest in an LLC to be allocated 100% of the LLC’s profits or losses in a given year or to receive preferred returns.Management An LLC may be managed by members or managers. [read post]
26 Apr 2022, 8:14 am
It is a matter of preference. [read post]
18 Jan 2023, 6:42 am
Making decisions on a ‘one person, one vote’ basis stands in harsh contrast to making business decisions in proportion to each member’s capital contribution, which is the way that most Ohio LLCs have been traditionally structured, and the method preferred by most business people. [read post]
28 Apr 2008, 4:30 am
Niche Media Holdings, LLC (read decision here). [read post]
23 Jan 2023, 4:48 am
Here I’m thinking mainly (but not exclusively) of cases involving 50/50 commercial realty holding LLCs which continue to operate the property, collect rent, pay bills, and remain financially feasible while the two owners engage in serious personal hostility and clash over management, maintenance, finance, distributions, and long-term objectives including holding or selling the realty. [read post]
19 Mar 2012, 4:00 am
The Delaware limited liability company (LLC) is the preferred entity of choice for many New York-based business ventures for a number of reasons, including greater latitude in restricting or even eliminating the fiduciary duties of the LLC's managers. [read post]
13 Mar 2023, 4:33 am
A minority shareholder holding less than 20% of the shares entitled to vote can also petition for common law dissolution. [read post]
22 Apr 2024, 1:35 am
Ease of transferring business assets: S Corp status allows for the sale of stock and simple property basis adjustment without triggering adverse tax consequences. [read post]
2 Aug 2018, 7:18 pm
Very briefly, a preference is money you pay or property you give to one creditor within a certain amount of time before filing bankruptcy, that you paid or gave in preference to your other creditors. [read post]
26 Apr 2008, 9:36 pm
A relatively new real-property protection strategy is setting up an out-of-state series LLC in Nevada, Delaware, or another state that authorizes this special type of LLC. [read post]
17 Jan 2012, 12:33 pm
Normally, corporations, LLC and other such entities must be represented by an attorney. [read post]
17 Jan 2012, 12:33 pm
Normally, corporations, LLC and other such entities must be represented by an attorney. [read post]
28 Jun 2010, 4:00 am
[and] must faithfully disclose all facts relating to the property which would influence those who form the company in deciding upon the judiciousness of the purchase. [read post]
