Dezeen Daily is sent every day and contains all the latest stories from Dezeen.
Dezeen Weekly is a curated newsletter that is sent every Thursday, containing highlights from Dezeen. Dezeen Weekly subscribers will also receive occasional updates about events, competitions and breaking news.
We will only use your email address to send you the newsletters you have requested. We will never give your details to anyone else without your consent. You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of every email, or by emailing us at privacy@dezeen.com.
For more details, please see our privacy notice.
Now there’s a fourth,
Bak v Rostek, 2020 NY Slip Op 33142(U) [Sup Ct Kings County Sept. 25, 2020], in which a 47.5% member of a single-asset realty-holding LLC sold his membership interest to the other 52.5% member for around $900,000 based on a $1.9 million valuation assigned by the buying member. One month later, the buying member sold the LLC’s property to a third-party buyer for $2.9 million. After learning of the sale, the 47.5% member sued the other member for damages equal to the delta between what he received in the buyout and 47.5% of the net proceeds from the $2.9 million sale, arguing primarily that the defendant breached fiduciary duty by failing to disclose third-party offers that were tendered shortly before the buyout.
NEW YORK – Billy Cole said the restaurant has lost tens of thousands of dollars since the start of the pandemic, if not $100,000.
Workers have been furloughed and salaries cut at Little Dokebi, a Korean restaurant in Brooklyn s Greenpoint neighborhood. Despite the losses, it s been one of the lucky ones because it s on a corner with plenty of outdoor dining space, said Cole, the general manager.
After this week s snowstorm signaled the start of cold weather and the governor renewed a ban on indoor dining, Cole knows it s going to be almost exclusively takeout and delivery orders that drive business for the next several months.