A certificate of formation cf for grupo dos chiles llc was

Assignment Help Business Law and Ethics
Reference no: EM13469808

A "Certificate of Formation" (CF) for Grupo Dos Chiles, LLC, was filed with the Delaware secretary of state in February 2000. The CF named Jamie Rivera as the "initial member."The next month, Jamie's mother, Yolanda Martinez, and Alfred Shriver, who had a personal relationship with Martinez at the time, signed an "LLC Agreement" for Grupo, naming themselves "managing partners."Grupo's business was the operation of Dancing Peppers Cantina, a restaurant in Alexandria, Virginia. Identifying themselves as Grupo's owners, Shriver and Martinez borrowed funds from Advanceme, Inc., a restaurant lender. In June 2003, Grupo lost its LLC status in Delaware for failing to pay state taxes, and by the end of July, Martinez and Shriver had ended their relationship. Shriver filed a suit in a Virginia state court against Martinez to wind up Grupo's affairs.

Meanwhile, without consulting Shriver, Martinez paid Grupo's back taxes. Shriver filed a suit in a Delaware state court against Martinez, asking the court to dissolve the firm. What effect did the LLC Agreement have on the CF? Did Martinez's unilateral act reestablish Grupo's LLC status? Should the Delaware court grant Shriver's request? Why or why not?

Reference no: EM13469808

Questions Cloud

Ten balloon is placed in device squeezing balloon volume : a balloon is filled with a gas. the baloons volume is 2.1 l and the gas pressure is 1.7 atm. then the balloon is placed
Examine whether or not courts should view each case based : the trend in the united states is toward mandatory sentencing for most criminal offenses. include the following in
The final project for this course is the creation of : overviewthe final project for this course is the creation of a research paper. you will select a specific problem you
Analyze the security of the system compriosing the size of : alice has a picture-based password system where she has each user pick a set of their 20 favorite pictures say of cats
A certificate of formation cf for grupo dos chiles llc was : a certificate of formation cf for grupo dos chiles llc was filed with the delaware secretary of state in february 2000.
Discuss in detail the various chemical analysis techniques : how should drugs found in a crime scene be collected and preserved? discuss safety.discuss in detail the various
If sample of nh42hpo4nbspis found to contain 285 middot : how many moles of co atoms are present in 5.91 middot 1019nbspcopch334nbspmolecules? express your answer in scientific
The homeowners paid the store which then contracted with : designer surfaces inc. supplied countertops to homeowners who shopped at stores such as lowes and costco. the
Abc company is increasing its equity by selling additional : abc company is increasing its equity by selling additional shares to the public and also by converting its retained

Reviews

Write a Review

 

Business Law and Ethics Questions & Answers

  Explain the legal issues legal terms

Explain the legal issues,Legal terms

  Be sure to outline the dual court system of the united

write a 1050- to 1400-word paper in which you describe the major historical developments of the u.s. courts. be sure to

  Your score will be determined by evaluation of your

your score will be determined by evaluation of your substantive content. your analysis and solutions as applicable must

  Discuss the varying views of the criminal justice system

Discuss the varying views of the criminal justice system as it currently operates: the process, network and non-system. Do the three justice components (police, courts, corrections) constitute a true system?

  Absorb losses during future periods of financial distress

Dodd -Frank, the Collins Amendment, is intended to ensure that "financial institutions hold sufficient capital to absorb losses during future periods of financial distress.

  Professionalism and ethics in accounting

Professionalism and ethics in accounting and the history of accounting.

  Which provides the greatest challenge to local law

which provides the greatest challenge to local law enforcement domestic terrorists islamic fundamentalist terror groups

  I the directions ask students to specifically address some

i. the directions ask students to specifically address some specific issues in part c and yet despite these directions

  A week after debbie stopped taking her medication

A week after Debbie stopped taking her medication, she approached a neighbor, Mark, as he walked along the sidewalk fronting Jennifer's home. When she was face to face with Mark, Debbie, without provocation, gestured threateningly and screamed, "I kn..

  You are opening your own business the business will be an

you are opening your own business. the business will be an employment agency. you will employee a number of

  You are a new associate at the law firm of dewey chetum

you are a new associate at the law firm of dewey chetum and howe. john a former researcher at pharmacare comes to

  Employers often want to find out if their workers are

privacy and technology in the workplace please respond to the followingemployers often want to find out if their

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd