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The Perils of Indeterminate LLC Membership Interests, Redux

Farrel Fritz

LLCs and Indeterminate Membership Interests The default rules under New York’s LLC Law are modeled on what I call indeterminate or variable membership interests. The Meregalli Case Over four years ago I wrote about the Meregalli case as an example of the perils of LLCs with indeterminate membership interests.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Discover the strategic advantage of incorporating a link to your Google service area within your ASA Find an Appraiser profile. So, how can you optimize your presence on ASA’s Find an Appraiser (FAA) and online Membership Directory tools? Are your potential clients aware of the geographic areas you serve?

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Winter Case Notes: Punitive Damages Awarded for Breach of Fiduciary Duty and Other Recent Decisions of Interest

Farrel Fritz

Court Rejects Claim of “Equity Interest” in LLC Is there such a thing as an “equity interest” in an LLC distinct from a “membership interest”? Not according to the Appellate Division, First Department’s decision last week in Srivatsa v Rosetta Holdings LLC. The defendants moved to dismiss the amended complaint on various grounds.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Membership Development In efforts to grow our aircraft valuation education and accreditation programs, we headed out to Las Vegas, NV where we hosted our ASA Aircraft Asset Management Special Event and participated in the 2023 NBAA Business Aviation Convention & Exhibition. Discover Exciting Prizes Awaiting You on ASAConnect!

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Some professional associations also have student membership options, where students in that field can gain useful industry insights and contacts. TIP: ASA offers FREE membership to students , as well as discounts off educational offerings.] Why is Belonging to a Professional Association Important?

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New edition of the International Valuation Standards (IVS) published

IVSC

IVS Online IVSC Members' Portal IVSC Book Store Join one of our free webinars to discover more about the latest changes Join our upcoming free webinars to learn more about the latest updates to IVS. Non-members and non-sponsors can subscribe to IVS Online for access. Hard copies can also be purchased through the IVSC Book Store.

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SEC Enforcement Chief Speaks on Corporate Compliance

Reynolds Holding

These orders should aid each of you who are counseling companies and individuals deciding between coming forward or sitting back and taking the chance – gamble, really – that we do not discover the violation or that a whistleblower does not report it. 22, 2013), available at www.sec.gov/News/Speech/Detail/Speech/1370539960588. [5] 5] See Div.