Topic
Operating Agreement
81 published works
New Jersey Law Blog
Appellate Division Rejects Notion That Members Can Simply Assent and Not Agree to the Terms of a Newly Drafted Operating Agreement
On May 26, 2021, the Superior Court of New Jersey, Appellate Division issued an important decision in Premier Physician Network, LLC v. Robert Maro, Jr., M.D., et al, (Docket No.…
Marcos E. Garciaacosta Law Blog
Operating Agreements: Just Like a Prenup for Your Business
Some legal documents are too important to ignore. One of those is an Operating Agreement. This is especially important for a Limited Liability Corporation (LLC) with more than one owner.…
Pennsylvania Business Divorce
MAKE BUSINESS DIVORCE EASIER—SPELL OUT THOSE DUTIES IN YOUR OPERATING AGREEMENT
Closely held companies are like marriages but without the sex or kids to hold things together. And just like some marriages, closely held companies can fall apart. Sometimes these “business…
Energy & the Law
Lessons from an Operating Agreement Dispute
Co-author Rusty Tucker Jatex Oil & Gas, L.P. v. Nadel & Gussman Permian, L.L.C. presents several teachable moments: The Texas Property Owner Rule does not allow a non-expert to testify…
New York Business Divorce
Enforceability of Oral Operating, Shareholder, and Partnership Agreements
In this week's New York Business Divorce, we tackle the rules governing enforceability of oral partnership, shareholder, and operating agreements, including a first-impression appeals court decision addressing the validity of…
Weinberger Law Blog
Operating Agreements and Shareholder Agreements
Operating Agreements and Shareholder Agreements An operating agreement is a document that describes the rights and obligations of each member of a Limited Liability Company (LLC), defines who is authorized…
Weinberger Law Blog
Operating Agreements and Shareholder Agreements
Operating Agreements and Shareholder Agreements An operating agreement is a document that describes the rights and obligations of each member of a Limited Liability Company (LLC), defines who is authorized…
Construction Advisor Blog
Flat fee option for LLC operating agreement updates
By Publisher
To help our LLC clients avoid the new law's unfavorable default provisions, we offer a $900 flat-fee option for updating most operating agreements. On September 1, Arizona's new LLC law…
New York Business Divorce
Always Check Provenance Before Taking an Assignment of LLC Interest
The Appellate Division, Second Department's ruling last month in Berhend v. New Windsor Group, LLC illustrates the disastrous results when care is not taken by the assignee of an LLC…
New York Business Divorce
The Curious Case of the Expelled LLC Member Bound by Operating Agreement He Never Signed
Shapiro v Ettenson, known as the case that made it extra dangerous for minority members of New York LLCs without written operating agreements, reappears in this week’s New York Business…