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 Results for ("N.J.S.A. 42:2b-24")   1 to 11 of 11 results. Run time: 0.649 seconds | Search time: 0.642 seconds    
1 IE Test, LLC v. Kenneth Carroll -- rank: 1000
... Limited Liability Company Act (LLCA) and the circumstances under which N.J.S.A. 42:2B-24(b)(3)(c)(subsection 3(c)) authorizes the expulsion of ... the expulsion of Carroll as an LLC member pursuant to N.J.S.A. 42:2B-24(b)(3)(a) (subsection 3(a)) or, in the alternative ... an Appellate Division panel affirmed that judgment. The panel construed N.J.S.A. 42:2B-24(b)(3), and its counterpart provision in the Revised Uniform ... business” with the LLC member remaining part of the LLC. N.J.S.A. 42:2B-24(b)(3)(c) (subsection 3(c)) . The Appellate Division affirmed ... action to disassociate Carroll as an LLC member pursuant to N.J.S.A. 42:2B-24(b)(3). By early January 2010, however, they were actively ... the expulsion of Carroll as an LLC member pursuant to N.J.S.A. 42:2B-24(b)(3)(a) (subsection 3(a)) or, in the ...
docket: A-63-14
court: NJ Supreme Court
decided: 2016-08-02
status:
citation: 226 N.J. 166 140 A.3d 1268
Document Size: 75847
2 ALL SAINTS UNIVERSITY OF MEDICINE ARUBA v. GURMIT SINGH CHILANA -- rank: 989
... pursuant to both subsections 3(a) and 3(c) of N.J.S.A. 42:2B-24(b). The judge also concluded, based upon the unrebutted testimony ... the parties and the trial judge may have otherwise assumed, N.J.S.A. 42:2B-24(b) does not compel the sale of the shares of ... court to declare plaintiffs judicially dissociated from ASUMA, pursuant to N.J.S.A. 42:2B-24(b)(3) of the New Jersey Limited Liability Company Act ... concluded that plaintiffs' conduct satisfied the separate criteria of both N.J.S.A. 42:2B-24(b)(3)(a) and N.J.S.A. 42:2B-24(b)(3)(c) for dissociation. In particular, the court concluded ... the dissociation of Paulpillai and him from the LLC under N.J.S.A. 42:2B-24(b)(3)(a) and (c). Yusuf further argues that ...
docket: a2628-09
court: NJ Superior Court Appellate Division
decided: 2012-12-24
status: unpublished
citation:
Document Size: 122743
3 IE TEST, LLC v. KENNETH CARROLL March 17, 2015 -- rank: 774
... A. 42:2B-1 to -70 (the LLCA), in particular, N.J.S.A. 42:2B-24(b)(3), which permits under certain circumstances the expulsion of ... conduct that adversely and materially affected the [LLC's] business." N.J.S.A. 42:2B-24(b)(3)(a). Additionally, and specifically at issue here, the ... business with the member as a member of the [LLC]." N.J.S.A. 42:2B-24(b)(3)(c). Defendant Kenneth Carroll (Carroll) appeals from 1 ... its amended complaint that sought Carroll's expulsion pursuant to N.J.S.A. 42:2B-24(b)(3). Carroll cross-moved for summary judgment on September ... IE's debt amounted to wrongful conduct, warranting expulsion under N.J.S.A. 42:2B-24(b)(3)(a). Alternatively, counsel argued that Carroll's conduct ... made it not "reasonably practicable" for the relationship to continue. N.J.S.A. 42:2B-24(b)(3)(c). Carroll argued there was no evidence ...
docket: a6159-12
court: NJ Superior Court Appellate Division
decided: 2014-10-15
status: unpublished
citation:
Document Size: 39517
4 LAWRENCE DENIKE, et al. v. MICHAEL CUPO -- rank: 688
... did not specify that dissociation was an event of dissolution. N.J.S.A. 42:2B-24 sets forth the events under which a member is dissociated ... the member as a member of the limited liability company." N.J.S.A. 42:2B-24.1 (emphasis added). N.J.S.A. 42:2B-39 ... Green , 62 N.J. 547 , 554-55 (1973)). Here, both N.J.S.A. 42:2B-24 (end of membership by dissociation) and N.J.S.A ... achieve the same purpose, and should be construed together. Although N.J.S.A. 42:2B-24 is silent as to the valuation date for purposes of ... A. 42:2B-39, thereby linking the two statutory provisions. N.J.S.A. 42:2B-24.1. Under this interpretation, the LLCA does not give the ...
docket: a4135-05
court: njappellate
decided: 0000-00-00
status: published
citation: 394 N.J. Super. 357
Document Size: 100558
5 LAWRENCE DENIKE, et al. v. MICHAEL CUPO -- rank: 688
... did not specify that dissociation was an event of dissolution. N.J.S.A. 42:2B-24 sets forth the events under which a member is dissociated ... the member as a member of the limited liability company." N.J.S.A. 42:2B-24.1 (emphasis added). N.J.S.A. 42:2B-39 ... Green , 62 N.J. 547 , 554-55 (1973)). Here, both N.J.S.A. 42:2B-24 (end of membership by dissociation) and N.J.S.A ... achieve the same purpose, and should be construed together. Although N.J.S.A. 42:2B-24 is silent as to the valuation date for purposes of ... A. 42:2B-39, thereby linking the two statutory provisions. N.J.S.A. 42:2B-24.1. Under this interpretation, the LLCA does not give the ...
docket: a3597-05
court: njappellate
decided: 0000-00-00
status: published
citation: 394 N.J. Super. 357
Document Size: 100558
6 BRICK PROFESSIONAL, L.L.C. v. ANTHONY NAPOLEON, JR -- rank: 643
... deemed to have rejected the interest, violated the provisions of N.J.S.A. 42:2B-24.1 and N.J.S.A. 42B:2B-39 by ... Act treats the death of a member as a disassociation, N.J.S.A. 42:2B-24, granting the disassociated member "only the rights of an assignee ... interest," subject to N.J.S.A. 42:2B-39, N.J.S.A. 42:2B-24.1. Thus, the court concluded that under the statute, on ... 22(a).] Contrary to the trial court's finding, neither N.J.S.A. 42:2B-24.1, which refers to N.J.S.A. 42:2B ... that will be followed upon the death of a member. N.J.S.A. 42:2B-24.1, addressing the rights of a disassociated member, incorporates by ...
docket: a1283-08
court: NJ Superior Court Appellate Division
decided: 2009-07-23
status: unpublished
citation:
Document Size: 31082
7 ALL SAINTS UNIVERSITY OF MEDICINE ARUBA, ASUMA LLC and RICHMOND PAULPILLAI and JOSHUA YUSUF v. GURMIT SINGH CHILANA and PETER SILBERIE -- rank: 487
... assignee of a member's limited liability interest pursuant to N.J.S.A. 42:2B-24.1 and N.J.S.A. 42:2B-44, with ...
docket: a2425-13
court: NJ Superior Court Appellate Division
decided: 0000-00-00
status: unpublished
citation:
Document Size: 27664
8 MARK LIEBOWITZ v. KENNETH M. THIMMEL -- rank: 458
... and his mother, Josephine, as members of HFC pursuant to N.J.S.A. 42:2B-24(b) because Thimmel had "fraudulently concealed" his past criminal record ... 1 We note that shortly after the complaint was filed, N.J.S.A. 42:2B-24(b) was repealed by the Revised Uniform Limited Liability Company ... effective on March 18, 2013, largely retains the language of N.J.S.A. 42:2B-24(b), save for minor changes. See N.J.S.A ...
docket: a1940-14
court: NJ Superior Court Appellate Division
decided: 2016-09-06
status: unpublished
citation:
Document Size: 29175
9 THOMAS A. LEACH, M.D v. PRINCETON SURGIPLEX LLC -- rank: 292
... member, or on a later date specified by the member." N.J.S.A. 42:2B-24(a)(1). Plaintiff designated December 31, 2008, as the effective ...
docket: a6120-11
court: NJ Superior Court Appellate Division
decided: 2013-06-06
status: unpublished
citation:
Document Size: 31640
10 SURGEM, LLC v. ACHIEVMED, INC -- rank: 286
... of the date of dissociation. Id. at 381-83 (citing N.J.S.A. 42:2B-24.1, -39). Fair value, although not synonymous with fair market ...
docket: a4198-11
court: NJ Superior Court Appellate Division
decided: 2013-10-16
status: unpublished
citation:
Document Size: 31910
11 LISA PAIGE HELMKAMP HOBYAK v. MICHAEL SCOTT HOBYAK -- rank: 262
... among other things: Michael's dissociation from Rycoja, pursuant to N.J.S.A. 42:2B-24(b)(3); damages resulting from Michael's payment to himself ...
docket: a4954-10
court: NJ Superior Court Appellate Division
decided: 2012-09-25
status: unpublished
citation:
Document Size: 18977
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