limited liability company agreement

• Arbitron and The Nielsen Company Sign Agreement and Form Jointly-Owned Limited Liability Company to Continue Development of 'Project Apollo' Marketing Research Service.

Proposed Service Would Link the Arbitron Portable People Meter System with ACNielsen Homescan Technology NEW YORK -- Arbitron Inc. (NYSE:ARB) and Th...

• Business Wire
• February 01, 2007

• The importance of a well-drafted LLC operating agreement.

Limited liability company The operating agreement drafted when a limited liability company is formed must do more than ensure that the entity qualifies for federal partnership tax status. It must also address capital formation, management, member voting and rights, and dissolution issues. Distributions of income and allocation of liabilities must also be addressed. The drafters should also be aware of state limited liability company laws in any states where the entity will do business.

• The Tax Adviser
• Vol. 27 Nbr. 8, August 1996

• Missouri Court of Appeals Western District: Fiduciary Duty

An appeals court ruled that, at least in some instances, an employee owes her employer a fiduciary duty and can be sued for violating it. Myrna Roberts was the manager of Western Blue Print Co.'s Columbia branch and later one of its division vice-presidents, although she was not a corporate officer of the limited liability company and had not signed a non-compete agreement.

• Missouri Lawyers Media
• May 09, 2011

• Great Invest. Properties, L.L.C. v. Bentley, (Ohio 2010)

Trial court did not err in its interpretation of the limited liability company's operating agreement and addendum; trial court did not err in finding that the agreement allowed appellee-plaintiff's payments to be considered loans and finding that the agreement allowed appellant-defendant's initial investment to be subjected to setoffs. Trial court's findings concerning the disbursement of the limited liability company's remaining assets following a judicial dissolution were not against the manifest weight of the evidence, with the exception of the interest rate awarded for both of the parties' loans. Since there was no documentary evidence to support an interest rate different than the default statutory rate under R.C. 1343.03(A), the trial court erred in awarding an interest rate on ...

• Ohio Supreme Court

• Lawsuit Divides Crosscreek Business Duo

The prominent business partnership behind Columbia's Crosscreek, Copperstone and Northwoods developments seems to be on the fritz. A lawsuit David Dunafon filed March 16 seeks more than $550,000 in damages from Kevin Kearns for defaulting on two promissory notes Dunafon extended to Kearns and for not repaying Dunafon as part of the operating agreement of a limited liability company the two own. Kearns and Dunafon have bought, sold and developed real estate together through numerous business entities.

• Columbia Daily Tribune
• April 03, 2011

• Lawyer Must Share Fee with Ex-Partner, Rules Colorado Court of Appeals

A lawyer was required to share a contingent fee that he earned after the dissolution of his law firm, the Colorado Court of Appeals has ruled in reversing judgment. The plaintiff and the defendant started a two-lawyer firm organized as a limited liability company. The two lawyers did not operate under a written agreement, instead orally agreeing to share equally in the firm's profits.

• Lawyers USA
• February 29, 2012

• Acacia Subsidiary Enters into License Agreement with KYRSAGIH BROS. LIMITED LIABILITY COMPANY.

NEWPORT BEACH, Calif. -- Acacia Research Corporation (Nasdaq: ACTG) announced today that its subsidiary, Software Tree, L.L.C., has entered into a pat...

• Business Wire
• May 20, 2009

• Self-Regulatory Organizations; Proposed Rule Changes:

...LLC's Limited Liability Company Agreement, By-Laws, Rules, Advic...

• FR, March 04, 2011
• Notices
• Securities and Exchange Commission

• Gray Printing Co. v. Blushing Brides, L.L.C., (Ohio 2006)

The trial court erred by concluding that a member of a limited liability company was personally liable for money owed on an account for printing services. However, the limited liability company owed money on the account and the printing services company did not breach its agreement on the account.

• Ohio Supreme Court

• Notice of Sale Under Power in Security Deed

UNDER AND BY VIRTUE of the power of sale contained in that certain Deed to Secure Debt and Security Agreement dated October 27, 2006 by THE WILLIAMSON GROUP, L.L.C., a Florida limited liability company (the "Borrower"), to Morgan Stanley Mortgage Capital Inc., a New York corporation ("Original Lender"), filed and recorded on November 6, 2006 in Deed Book 5711, beginning at Page 129, in the Office of the Clerk of the Superior Court of Columbia County, Georgia Records (the "Security Deed"), as assigned by Original Lender to Wells Fargo Bank, N.A., as Trustee for Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-IQ12 ("Lender"), pursuant to that certain Assignment of Deed to Secure Debt and Security Agreement and Assignment of Assignment of Leases an...

• Augusta Chronicle, The
• February 06, 2010