News & Analysis as of

Limited Liability Company (LLC) Dispute Resolution

Farrell Fritz, P.C.

Limo Company Shareholders Can't Hitch a Ride in Derivative Litigation

Farrell Fritz, P.C. on

Closely-held business entities come in all shapes and sizes. By definition, under Partnership Law § 10, it takes “two or more” owners to form a general partnership. But corporations and LLCs have no such impediment, ranging...more

Patton Sullivan Brodehl LLP

The DAO Jungle?

A DAO is a Decentralized Autonomous Organization.  It’s a blockchain thing. How do DAOs relate to LLCs?  And why are DAOs the subject of this post on The LLC Jungle blog? Read on…...more

Morris James LLP

Chancery Court Offers Guidance on Arbitration Provision Carve-Outs

Morris James LLP on

The Innovation Institute, LLC v. St. Joseph Health Source, Inc., C.A. No. 2019-0156 JRS (Del. Ch. Aug. 28, 2019). Despite the plaintiff’s request for specific performance and an arbitration provision that carved-out...more

Holland & Knight LLP

Overhaul of Illinois LLC Act Provides Modernization, Increased Flexibility

Holland & Knight LLP on

Significant changes have been made to the Illinois Limited Liability Company Act (the Act) that will impact both existing and new LLCs. These changes, which took effect on July 1, 2017, were designed in part to bring the Act...more

Farrell Fritz, P.C.

Episode 013: Interview with Justice Carolyn E. Demarest (Ret.) on Business Divorce Litigation

Farrell Fritz, P.C. on

During her many years as Presiding Justice of the Brooklyn Commercial Division, New York Supreme Court Justice Carolyn E. Demarest (Ret.) decided some of the most important and challenging business divorce matters including...more

Polsinelli

Texas Court of Appeals: Parties Cannot Recover Statutory Attorney's Fees from an LLC for Breach of Contract Claims

Polsinelli on

A recent decision from the Texas Court of Appeals in Houston closes the door to the recovery of attorney's fees from limited liability companies under Chapter 38 of the Texas Civil Practice and Remedies Code, one of the few...more

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