Magic Words Still Matter, and Equitable Defenses Can’t Save a “Void” Transfer
Farrel Fritz
SEPTEMBER 19, 2022
New York’s default rules regarding LLC members’ rights to transfer their interests appear in sections 603 and 604 of the LLC Law. In XRI Investment Holdings LLC v Holifield , No. 2021-0619 [Del. The Transfer Restriction. XRI’s other co-founder is Matthew Gabriel, a former structured finance attorney.
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