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Conflict Between Delaware LLC Act and Bankruptcy Code Affects Creditor Toolbox | JD Supra
JD Supra· 13 hours agoAs you know from our prior alerts, creditors of borrowers formed as Delaware LLCs (as opposed to corporations) lack standing under Delaware law to sue directors ...
Greg Lindberg Sued for Allegedly Evading $580 Million Legal Debt
Bloomberg Law· 5 hours agoIndicted investment fund founder Greg Lindberg is facing civil litigation over claims he illegally converted a wholly owned corporation into a limited liability company to evade a $580 million court judgment.
‘Star Wars’ creator George Lucas and Mellody Hobson plan $33.5 million condo that will be the...
San Jose Mercury News· 1 day ago“Star Wars” creator George Lucas and his wife, Mellody Hobson, were the buyers who paid $11.2...
Teets Family Sells Paradise Valley Land for $42M
The Real Deal· 22 hours agoThe buyer was a Delaware-based limited liability company dubbed PV27. The Teets couple bought the land 30 years ago for $6 million, or $222,222 per acre...
Allegation: Jailed developer Daniel Pettit tried to give away foreclosed Wes Des Moines land
The Des Moines Register via Yahoo Finance· 1 day agoDB Booneville defaulted, and Lincoln Savings foreclosed, court records show. Pettit also signed a promissory note to a Delaware limited liability corporation ...
Cormark Research Analysts Decrease Earnings Estimates for Aris Mining Corporation (TSE:ARI)
ETF DAILY NEWS· 6 days agoAris Mining Corporation (TSE:ARI – Free Report) – Investment analysts at Cormark decreased their FY2025 earnings per share estimates for shares of Aris Mining in a report issued on Wednesday ...
Fashion retailer Express closing stores, corporate office in New York
Crain's New York Business· 3 days agoExpress Inc., the limited liability company that filed for chapter 11 bankruptcy protection in Delaware on Monday and also owns its eponymous brand Express ...
Second Circuit Nixes New York Charging Order Protection For Many LLCs
Forbes· 5 days agoDistrict Court in New York, and thus decided under New York law, about a Delaware LLC. The opinion...
RECOMMENDED CASH OFFER for MARIADB plc by MERIDIAN BIDCO LLC which is an Affiliate of K1 INVESTMENT...
Coronado Eagle & Journal· 2 days agoK1 Investment Management, LLC ("K1") is pleased to announce the terms of a recommended cash offer to be made by Meridian Bidco LLC ("Bidco"), a newly formed Affiliate of K1, as manager of K5 ...
Profit With Purpose: Exploring the Power of Delaware Public Benefit Corporations | Delaware Business...
Law.com· 2 days agoStartup founders may be familiar with buzzwords such as “B Corp” and “ESG” but are often unsure how...