Search for: "Powers v. Receivables Performance Management, LLC" Results 1 - 20 of 214
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3 Mar 2025, 4:14 am by Peter A. Mahler
So when a Court of Appeals opinion in a dispute between LLC members comes along, LLC aficionados like me pay maximum attention — even if the dispute involves a Delaware LLC as occurred last month in Behler v Tao. [read post]
5 Dec 2022, 4:23 am by Peter Mahler
Daniel Straus is its sole manager and undisputed holder, either directly or through trusts he controls, of a supermajority interest as defined in Care One’s LLC agreement. [read post]
15 Dec 2016, 5:00 am by John Jascob
The investors held 80 percent of the LLC's shares and collectively had the power to amend the LLC agreement and appoint or remove managers. [read post]
13 Feb 2012, 3:00 am by Peter A. Mahler
Not only does the LLC Law have no analog to §18-1104 of the Delaware LLC Act, it contains in subsection (a) of LLC Law §409, entitled "Duties of Managers," an affirmative, mandatory statement of the LLC manager's duties: A manager shall perform his or her duties as a manager, including his or her… [read post]
24 Mar 2025, 4:24 am by Peter A. Mahler
Respondent argued that he and his wife had been managing the restaurant without petitioner’s assistance for about a year; that the restaurant remained profitable; and that petitioner continued to receive monthly distributions. [read post]
9 Nov 2020, 3:31 am by Peter Mahler
The agreement allocated equal board voting power to the designees of the two members. [read post]
14 Aug 2013, 4:59 am by Susan Brenner
Global Power performs field services work to fix gas turbines. [read post]
2 Oct 2023, 4:22 am by Peter Mahler
Such provisions are especially prevalent with smaller, member-managed LLCs as opposed to larger, manager-managed LLCs having some number of passive investors. [read post]