by Staff of the Firm | Nov 3, 2016 | Business Management, Legal Ethics, Texas Law Update, Uncategorized
In our previous blog post titled Is My Company’s Lawyer Also My Lawyer?, we talked about attorney-client relationship in the context of an LLC business divorce case. In that case, Yun, one of the two business partners, refused to produce certain documents in her...
by Staff of the Firm | Oct 4, 2016 | Business Management, Deadlock, Disagreement, Partnerships, Uncategorized
This author is not a big fan of fighting sports, but the news of the sale of the Ultimate Fighting Championship (“UFC”) in early July was hard to miss. Nay, it wasn’t the eye-popping price tag ($4 billion) attached to the sale of the company to a group led by talent...
by Staff of the Firm | Sep 27, 2016 | Uncategorized
Soon after Hogan was brought in as a 1/3 owner of Turbine Asset Holdings, LLC (“TAH”), he began assisting TAH with business opportunities using his contacts and expertise.[1] One such opportunity involved Pratt & Whitney (“Pratt”), which was expected to be a very...
by Staff of the Firm | Sep 15, 2016 | Business Management, Disagreement, Uncategorized
Here at The R. Shawn McBride Law Firm, PLLC, we write frequently about partnership, LLC, and multi-owner entities. In most, if not all, cases or situations we discuss, business partners start out on friendly terms, in a spirit of collaboration and genuine...
by Staff of the Firm | Sep 8, 2016 | Deadlock, Delaware Law Update, Disagreement, LLC, Multiple Owners, New York Law Update, Uncategorized
In Mizrahi v. Cohen,[1] a dentist and an optometrist formed a limited liability company for the purpose of the construction and operation of a mixed-use building in which they intended to set up their respective offices. The two did not have an LLC agreement at the...