The Texas Supreme Court reversed an appellate court’s ruling that policy limits were exhausted precluding coverage of defens...
The Mississippi Commission of Environmental Quality (“MCEQ”) and Genesis Rail Services, LLC (“Genesis”) entered into a July 10th Agreed Order (“AO”)
During the July 28, 2016, Certificate of Need meeting, Dr. Mary Currier, State Health Officer, concurred with the health and planning staff analysis
Freedom of contract is a basic principle of Mississippi’s LLC Act, but freedom of contract includes the freedom to make a bad contract.
The Mississippi Supreme Court, in a case of first impression, recently interpreted the phrase “not reasonably practicable to carry on the business in conformity with the certificate of formation or the limited liability company agreement,” when an LLC member asked for judicial dissolution of the LLC.
A theme running through many apparent-authority cases is the question of who loses: for example, the LLC whose property was used to secure unauthorized, personal borrowings by a member or manager, or the bank that in good faith made the loan to the malefactor?
A new Mississippi law that went into effect on January 1, 2011 will have a significant impact on limited liability companies operating in the state.