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Equitable Solution in LLC Buyout Using Partnership Principles

In Care One LLC v. Adina Strauss and Jeffrey Rubin, the New Jersey Superior Court's decision reversed a two page 23 November 2020 decision. The Appellate Division affirmed the dismissal of defendants’ claims their removal as Members breached their contract as Members of Care One. ....

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New Jersey Court Shuts Down Derivative and Third Party Claims

In 2004 Arthur Aaron and Mark Steinberg formed New Jersey corporation, A & M Cards Worldwide, Inc. Cards, whose business is not described by either Trial Court or Appellate Division. Aaron v. Ortega, Ortega & Di Leonardo, and Does 11 to 20, and Sara Kety LLC. ....

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New Statutory Rules for Wisconsin LLCs Effective 1/1/23 | Quarles & Brady LLP

Wisconsin recently adopted a new version of its LLC Act (Chapter 183 of the Wisconsin Statutes). The new LLC Act is a full redraft of the prior statute and more closely tracks the. ....

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