Search for: "Sealy v Clifton, LLC" Results 1 - 4 of 4
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19 Jul 2012, 4:06 am by Andrew Lavoott Bluestone
In Sealy v Clifton, LLC (68 AD3d 846 [2d Dept 2009]), the Second Department held that an individual plaintiff, who owned a 50% interest in an limited liability company, did not have "legal capacity to sue" for partition of a property owned by a limited liability company of which he was member. [read post]
3 Sep 2019, 3:39 am by Franklin C. McRoberts
In Sealy v Clifton, LLC, 106 AD3d 981 [2d Dept 2013], the court affirmed the Kings County Surrogate’s ruling which we wrote about here, declaring that a New York LLC had been dissolved by operation of law upon the death of a 50% member based on the express language of the LLC’s operating agreement. [read post]