Search for: "Southern Advanced Materials, LLC v Abrams"
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11 Nov 2024, 4:00 am
The panel discussed Southern Advanced Materials, LLC v Abrams, 2023 NY Slip Op 04704 (1st Dept Sept. 21, 2023) (which we blogged about here), which considered whether an asset sale triggered a member’s rights to a “dissolution premium” under the terms of the operating agreement, stressing the familiar warning that LLC operating agreements mean what they say. [read post]
16 Oct 2023, 4:24 am
The First Department’s recent decision in Southern Advanced Materials, LLC v Abrams, 2023 NY Slip Op 04704 [1st Dept Sept. 21, 2023], treats us to a lengthy discussion of how those basics work. [read post]
