RESULTS FOR PRACTICE AREA CATEGORY: Business Formation

Nov. 1, 2013The Dickinson Law Newsroom
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Dickinson, Mackaman, Tyler & Hagen, P.C. has been named a Tier 1 National “Best Law Firm” by U.S. News & World Report in 2014.

Apr. 16, 2012The Dickinson Law Newsroom
LLC operating agreement can supplant implied duty of good faith

A recent Delaware Court of Chancery ruling suggests drafters of LLC operating agreements may want to consider establishing a process by which managers of LLCs can be deemed to act in good faith and avoid application of the implied duty of good faith.

Mar. 5, 2012The Dickinson Law Newsroom
Charging orders cannot grant managerial rights in an LLC

The Nevada Supreme Court ruled in Weddell v. H2O, Inc., 128 Nev. Adv. Op. #9, (Nev. March 1, 2012) that a judgment creditor is like an assignee of a membership interest. The creditor is entitled to only the share of the distributions the member would otherwise have received. The managerial interest of the debtor remains with the debtor.

Feb. 13, 2012The Dickinson Law Newsroom
Iowa Supreme Court applies business judgment rule to nonprofit corporations

We don’t often see a business judgment rule case emanate from the Iowa Supreme Court, so when one comes along, even in the context of a nonprofit condominium owners’ association, I am compelled to comment on it.

Feb. 10, 2012The Dickinson Law Newsroom
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Dickinson business and banking law attorney Marc Ward was re-elected for a third term as president of the Taxpayers Association of Central Iowa at the group’s annual meeting on February 8.

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