Search for: "Third Avenue Management Company LLC"
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27 Dec 2015, 6:23 am
The investment attorneys of Gana LLP are investigating potential recovery options for investors in the Third Avenue Focused Credit Fund (TFCIX) managed by Third Avenue Management LLC. [read post]
5 Aug 2020, 2:32 pm
After the salesmen created these “Agent Funds,” Vagnozzi managed them through his company, ABFP Management Company, LLC. [read post]
22 Apr 2019, 3:46 am
, that the LLC’s management “is unable or unwilling to reasonably permit or promote the stated purpose of the entity to be realized or achieved, or continuing the entity is financially unfeasible. [read post]
2 Feb 2020, 7:05 am
Members in a manager-managed limited liability company, like shareholders in a corporation, have now inherent right to participate in the decisions or day-to-day activities of the business. [read post]
7 Feb 2011, 3:00 am
It's been a year since the Appellate Division, Second Department, altered the LLC dissolution landscape in New York with its decision in the 1545 Ocean Avenue case. [read post]
21 Aug 2017, 3:33 am
Now that I’ve got your attention, consider this: Under the standard for judicial dissolution of a New York LLC prescribed in the landmark 1545 Ocean Avenue case, the primary, contract-based inquiry is whether the LLC’s managers are unable or unwilling to permit or promote the stated purpose of the entity, as found in the LLC’s operating agreement or articles of formation, to be realized or achieved. [read post]
21 Aug 2017, 3:33 am
Now that I’ve got your attention, consider this: Under the standard for judicial dissolution of a New York LLC prescribed in the landmark 1545 Ocean Avenue case, the primary, contract-based inquiry is whether the LLC’s managers are unable or unwilling to permit or promote the stated purpose of the entity, as found in the LLC’s operating agreement or articles of formation, to be realized or achieved. [read post]
22 Feb 2016, 3:27 am
Court Denies Preliminary Injunction Sought by Removed LLC Manager Concord Development Co. [read post]
22 Feb 2016, 3:27 am
Court Denies Preliminary Injunction Sought by Removed LLC Manager Concord Development Co. [read post]
19 Jul 2021, 4:41 am
Indeed, this court is bound by Matter of 1545 Ocean Avenue which interpreted Limited Liability Company Law 702 as foreclosing all other forms of dissolution. [read post]
25 Feb 2013, 3:42 am
Doyle, as a one-third member of an LLC without an operating agreement, lacked a basis to allege that the LLC could not continue operating in conformity with the statutory default rules that give management control to Finnegan and Cunningham as the two-thirds majority. [read post]
14 Jun 2021, 4:32 am
He also owned a property management company. [read post]
11 May 2020, 3:19 am
So the question: where an LLC member misleads a co-member in connection with a potential sale of the business to a third party, is that a direct or derivative cause of action? [read post]
24 Sep 2018, 2:31 am
Patrick held a one-third membership interest in the former LLC and a one-fifth interest in the latter LLC. [read post]
8 Jan 2018, 3:29 am
Deadlock is not an independent basis for judicial dissolution of New York LLC’s under the governing standard adopted in the 1545 Ocean Avenue case but, as Manhattan Commercial Division Justice Saliann Scarpulla explains in her decision, when two co-equal managers are unable to cooperate, the court “must consider the managers’ disagreement in light of the operating agreement and the continued ability of [the… [read post]
6 Apr 2012, 3:32 pm
The plaintiff in the case is Bierzo Construction Corporation, LLC. [read post]
13 Feb 2012, 3:00 am
That seems unlikely given the third clause which clearly references and defines the traditional duty of care. [read post]
13 Nov 2023, 4:07 am
Since 1999 there have been no amendments to the LLC Law’s provisions regulating intra-company member relations. [read post]
26 Apr 2021, 3:19 am
One of them is 1704 Ocean Avenue LLC in which Mr. [read post]
27 Aug 2018, 3:49 am
After reciting his factual findings, Justice Driscoll’s legal analysis summarizes 1545 Ocean Avenue‘s contract-centric approach and its two-pronged standard for dissolution under the dissolution statute’s not-reasonably-practicable standard, i.e., management’s inability or unwillingness to reasonably permit or promote the stated purpose of the LLC to be realized or achieved, or continuing the LLC is financially unfeasible. [read post]
