by R. Shawn McBride | Nov 7, 2016 | LLC, Multiple Owners, Personal Liability, Uncategorized
We talked before about the fact that you want a well written LLC agreement, even if you have a single owner company. You want to make sure your LLC agreement has certain key things in it. You want to make sure that it’s protecting you. What have we seen?...
by Staff of the Firm | Jul 7, 2016 | Delaware Law Update, LLC, Multiple Owners, New York Law Update, Uncategorized
As the case progressed, Meissner and Yun, the two former business partners, entered the discovery phase.[1] Meissner sought the disclosure of some email threads between Yun and attorney Christopher Kelly. Yun claimed that they were protected by attorney-client...
by Staff of the Firm | Jun 30, 2016 | Delaware Law Update, LLC, Multiple Owners, New York Law Update, Uncategorized
In our previous blog on Meissner v. Yun, a New York case decided under Delaware law, we discussed the importance of a written LLC agreement (sometimes also referred to as member/operating/company agreement, depending on the jurisdiction) that spells out each member’s...
by Staff of the Firm | Jan 26, 2016 | Delaware Law Update, LLC, New York Law Update, Uncategorized
A Delaware Case: Meissner v. Yun. In our previous blog series on business divorce (available here), we focused on the break-up between two or more business owners due to disagreement or other circumstances, leading to a deadlock, forced sale of the business, or total...
by Staff of the Firm | Sep 26, 2015 | Legal Ethics, Uncategorized
Addressing a Conflict of Interest in a Joint Representation. If you and your business partner still insist on the services of one lawyer, you would be relieved to know that the existence of a conflict of interest does not necessarily preclude a lawyer from...
