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Limited Liability Company (LLC) › Secured Debt

Kramer Levin Naftalis & Frankel LLP

And Another Lender Blocking Provision Bites the Dust, Texas Bankruptcy Court Rules

Kramer Levin Naftalis & Frankel LLP on

One feature commonly seen in commercial lending transactions is a waiver of the borrower’s authority to file for bankruptcy without the consent of the lender. While such “blocking” provisions are generally upheld where the...more

Orrick, Herrington & Sutcliffe LLP

Cessione in garanzia del credito da finanziamento soci e postergazione ex Articolo 2467 CC

Orrick, Herrington & Sutcliffe LLP on

La sorte del rimborso dei finanziamenti erogati dai soci nelle società a responsabilità limitata è disciplinata dall'articolo 2467 del codice civile il quale prevede che il rimborso dei finanziamenti dei soci a favore della...more

Patton Sullivan Brodehl LLP

Seven Critical Mistakes LLCs Make, and LLC Manager Power Issues

Patton Sullivan Brodehl LLP on

The “Seven Critical Mistakes LLCs Make” Series - This series of posts covers some of the most serious mistakes that LLCs regularly make. Here are...short summaries of each: Choosing the Wrong Business Partners —...more

Ervin Cohen & Jessup LLP

Unauthorized Transfers of Receivership Property: Void, Voidable or Ok?

Ervin Cohen & Jessup LLP on

Question: Unauthorized Transfers of Receivership Property: Void, Voidable or Ok? Answer: In a recent unpublished bankruptcy appellate panel decision (In Re Domum Locis, LLC, 2015 WL 4697747 (9th Cir. BAP 2015)), the BAP...more

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