Search for: "Shirley Contracting Company, LLC"
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16 Oct 2017, 3:33 am
Take the recent case of Tungsten Partners LLC v Ace Group International LLC, 2017 NY Slip Op 32025(U) [Sup Ct NY County Sept. 20, 2017], in which Manhattan Commercial Division Justice Shirley Werner Kornreich was called upon to decide whether the plaintiff holder of a 4% non-voting profits interest, identified as a “Management Member” in a 65-page operating agreement (plus another 170 pages of schedules and exhibits), was a… [read post]
16 Oct 2017, 3:33 am
Take the recent case of Tungsten Partners LLC v Ace Group International LLC, 2017 NY Slip Op 32025(U) [Sup Ct NY County Sept. 20, 2017], in which Manhattan Commercial Division Justice Shirley Werner Kornreich was called upon to decide whether the plaintiff holder of a 4% non-voting profits interest, identified as a “Management Member” in a 65-page operating agreement (plus another 170 pages of schedules and exhibits), was a… [read post]
2 May 2016, 3:09 am
The three of them allegedly agreed to form a new LLC as equal members, to which the plaintiff would transition his existing company’s business. [read post]
10 Dec 2018, 3:08 am
The LLC’s contract breach claim also contends that the sale of the UES Building should have triggered the LLC’s dissolution under sections 8.1 (b) and 8.1 (d) of the Operating Agreement, the former calling for dissolution upon “the sale of all of the Company’s assets and the collection and distribution of all proceeds therefrom” and the latter requiring dissolution upon “the occurrence of any event which makes it… [read post]
28 Apr 2008, 4:30 am
Compared to the highly structured, mandatory provisions of the business corporation laws, the LLC laws offer far more flexibility and freedom of contract among the LLC members to order their ownership, economic and managerial relations as they see fit. [read post]
29 May 2014, 12:57 pm
SuperMedia, LLC. [read post]
17 Jan 2018, 11:36 am
Div. 1st Dep’t Dec. 14, 2017), primarily rested on the principle of Delaware business law that parties are free to set the terms of a limited liability company’s operations through contract. [read post]
23 Apr 2018, 3:41 am
One could argue, under the banner of freedom-of-contract, that the common-law roots of the LLC derivative action in New York should not preclude members of an LLC effectively from agreeing to waive the right to bring a derivative action. [read post]
2 May 2016, 3:09 am
The three of them allegedly agreed to form a new LLC as equal members, to which the plaintiff would transition his existing company’s business. [read post]
13 Jul 2015, 3:15 am
Take, for example, a case recently decided by Manhattan Commercial Division Justice Shirley Werner Kornreich involving a limited liability company that was up and running for a couple of years before it went insolvent and shut down. [read post]
26 Dec 2017, 3:34 am
Failure to do so will not be an excuse, for the general principle is that parties are free to enter into any contract they wish, and the courts will enforce the contract as written. [read post]
25 Apr 2016, 3:17 am
” Strong words, indeed, at the conclusion of a Decision and Order earlier this month by Manhattan Commercial Division Justice Shirley Werner Kornreich in a multi-jurisdictional fight for control of a data marketing company organized as a New York LLC owned by two deeply divided, 50-50 members. [read post]
10 Feb 2014, 3:06 am
The first is CTNY Investors 3, LLC v DME CRE Opportunity Fund I LP, 2014 NY Slip Op 30268(U) [Sup Ct NY County Jan. 29, 2014], decided last month by Manhattan Commercial Division Justice Shirley Werner Kornreich. [read post]
25 Apr 2016, 3:17 am
” Strong words, indeed, at the conclusion of a Decision and Order earlier this month by Manhattan Commercial Division Justice Shirley Werner Kornreich in a multi-jurisdictional fight for control of a data marketing company organized as a New York LLC owned by two deeply divided, 50-50 members. [read post]
25 Apr 2016, 3:17 am
” Strong words, indeed, at the conclusion of a Decision and Order earlier this month by Manhattan Commercial Division Justice Shirley Werner Kornreich in a multi-jurisdictional fight for control of a data marketing company organized as a New York LLC owned by two deeply divided, 50-50 members. [read post]
6 Aug 2021, 6:00 am
The Small, Young Company Board Posted by Adam J. [read post]
4 May 2009, 5:00 am
UPCOMING CLE PROGRAM ON LIMITED LIABILITY COMPANIES On Thursday, May 21, 2009, I'll be speaking about LLC dissolution at a CLE program sponsored by the Queens County Bar Association. [read post]
31 Aug 2015, 3:26 am
If she wants it available upon terminating her relationship with that business, she should protect her rights in a contract. [read post]
15 Nov 2016, 4:56 am
Staffing Network Holdings, LLC, November 8, 2016, Zagel, J.). [read post]
11 Feb 2019, 3:49 am
The defendants naturally sought dismissal under the statute of limitations applicable to the plaintiff’s claims for breach of the contract, tortious interference with contract, fraud, and conversion. [read post]
