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1. • JD Supra: Operating Agreement Doesn’t Excuse Breach of Fiduciary Duty

     JD Supra· 2 days ago

     Other posts have focused on the pitfalls of LLC Operating Agreements that fail to properly document the parties’ intentions with sufficient detail or clarity ...

2. • Managers May Be Entitled to Advancement of Legal Fees, Even If Accused of Wrongdoing

     The National Law Review· 2 days ago

     Because the plain language of the operating agreement mandated the LLC advance the manager his legal fees, the Business Court required the LLC& ...

3. • BURRITObar Signs Area Development Agreement in Cincinnati - QSR Magazine

     QSR· 4 hours ago

     BURRITObar, USA Inc., has made a significant move by entering into an Area Development Agreement in Cincinnati, Ohio, to establish three new stores in the upcoming years.

4. • LLC Agreements And The Statute Of Frauds

     The National Law Review· 4 days ago

     Professor Stephen Bainbridge recently wrote on whether operating agreements of limited liability companies are subject to the Statute of Frauds. Under the statute, a "record ...

5. • 

     Five Point Holdings, LLC (NYSE:FPH) Q1 2024 Earnings Call Transcript

     Insider Monkey via Yahoo Finance· 5 hours ago

     Five Point Holdings, LLC (NYSE:FPH) Q1 2024 Earnings Call Transcript April 18, 2024 Five Point...

6. • 

     State purchases Orange Beach Express toll bridge for $60M, tolls to end in late May

     ABC 3340 Birmingham· 1 day ago

     The last day of tolling will be the Friday before Memorial Day...and the Baldwin County Bridge...

7. • Utz Continues to Optimize Operations With Sale of Two Manufacturing Sites

     Convenience Store News· 4 hours ago

     "This transaction will allow us to focus on the next phase of our optimization efforts as we invest in our remaining facilities and continue to deliver on our value creation initiatives," said ...

8. • 

     Broward Judge Finds Ex-Bang Energy CEO’s Actions ‘Illegal or Fraudulent’ | Daily Business Review

     Law.com· 55 minutes ago

     Jordan Shaw, a partner and chief operating officer at Zebersky Payne Shaw Lewenz in Fort Lauderdale,...

9. • 

     Understanding the ABCs of LLCs

     Denton Record-Chronicle· 13 hours ago

     The new rule requires small businesses and Limited liability companies (LLCs) to report ownership information to the Financial Crimes Enforcement Network...

10. • Arizona Fast LLC Registration With Step-by-Step Guidance For Startups Updated

      Digital Journal· 19 hours ago

      This option also provides an operating agreement and first meeting minutes to showcase ownership and establish liability protection. Banking resolutions for verification of ...