Elective rotations can be arranged in various other states and are also available in other countries such as Canada, the U.K, and the Caribbean. Solomon also apparently requested to speak with plaintiffs, but he was unable to do so. He argues that this same principle should apply here to the LLC, citing Musto v. Vidas, 281 N.J.Super. Symeonides had been retained by Weiner. The order of final judgment is affirmed, subject to the caveat concerning the sale of plaintiffs' shares discussed in Part III of this opinion. Yusuf initially served as the school's Chief Academic Officer. We have sent on your application and wish you the best of luck with your potential acceptance :). The tuition payments transferred electronically into the Citibank account through Google's payment service. FN8. All Saints University School of Medicine is chartered and recognized by the Government of the Commonwealth of Dominica. I was admitted to All Saints University School of Medicine. At trial, the parties disputed whether the agreement was an LLC operating agreement under N.J.S.A. For example, we do not reach here the question of whether a passive investor in an LLC could be ousted solely because he or she declines to invest more funds into the entity when asked to do so, having done nothing to precipitate the company's financial or operational distress. Sebring involved the dissolution of a partnership and dissociation of one of its partners under another statute, N.J.S.A. [12] This is followed by the structured curriculum in the 4 Year MD Program. Languages. Joshua Yusuf is the Director and President of the academy and ensures the school is committed to providing high quality education leading to a Doctor of Medicine Degree (MD). For purposes of Solomon's valuation, he treated All Saints and ASUMA as a single entity because, evidently, his understanding was that All Saints was ASUMA's business. We affirmed the judgment dissociating Yusuf, rejecting his appeal. Alternatively, they instructed the bank to honor only the checks signed by these four combinations of ASUMA members: (1) Chilana and Yusuf; (2) Chilana and Paulpillai; (3) Silberie and Paulpillai; and (4) Silberie and Yusuf. Corp. v. Rose, 134 N.J. 326, 354 (1993); see also Marioni v. 94 Broadway, Inc., 374 N.J.Super. Hence, the Operating Agreement's provision stating that the LLC members cannot be compelled to give up or sell their shares for any reason does not suffice to function as an election against the application of the involuntary dissociation provisions under the LLCA. Credit Union, 199 N.J. 381, 397 (2009). Visit Web Page. The judge first addressed defendants' formation of the charter for the third medical school: Plaintiffs have failed to prove a breach of fiduciary duty by Chilana. To apply to All Saints University School of Medicine follow these steps. Meanwhile, Chilana infused at least $250,000 in funds to All Saints since obtaining the other charter. None of the parties objected to this characterization of All Saints for purposes of the valuation. At the outset, MEERC received the tuition from these students, which was deposited into an account in Canada (the "MEERC account"), and then wired to the CMB account in Aruba. Go to study. 42:2B24(b)(3)(a) and (c). Chilana and Silberie established the Aruba University of Medicine Foundation. To the contrary, Yusuf may continue to hold his shares (and those assigned to him by Paulpillai) but as a dissociated member he is enjoined from participating in the management of the LLC. Co-plaintiff Paulpillai has not participated in the appeal, nor has co-defendant Silberie..FN2. On April 22, 2008, Yusuf and Paulpillai, as plaintiffs, filed a verified complaint in the Chancery Division, alleging breach of fiduciary duty, breach of contract, and misappropriation against defendants, Chilana and Silberie, stemming from their alleged violations of the Operating Agreement. Login Unlike New Jersey, Delaware does not provide for judicial dissociation of an LLC member. In its oral opinion, the court described plaintiffs' failure to provide the tuition-related records as outrageous, a farce, contemptuous, and evasive. Specifically, the court ruled that: [T]here will be an inference that [Yusuf and Paulpillai] have converted the money for the entity for their own purposes. All General Science and Basic Science courses are conducted on two fully equipped campuses on the stunning However, the court noted in its opinion that the parties had stipulated to July 31, 2008, as the applicable valuation date. [9][23] The institution is also recognized by the Educational Commission for Foreign Medical Graduates (ECFMG), Foundation for Advancement of International Medical Education and Research (FAIMER), and the World Health Organization (WHO). Yusuf and Paulpillai were Students who possess a minimum of 2 academic years completed in a science related Undergraduate or College degree program are eligible for direct entry into the 4 year MD program comprising of 5 semesters of Basic Sciences and 7 semesters of Clinical Sciences. [1] There is also an office in Chicago, Illinois. I am so glad to be part of the 82 International Medical graduates that matched into Obstetrics and Gynecology in the 2022 Match. Id. In the first two years of medical school, students focus on attaining an in-depth understanding of the basic knowledge of health and disease and are introduced to the care of individuals and how to navigate and understand the dynamic between patients and doctors. Nevertheless, we acknowledge the rule of E & K Agency, Inc. v. Van Dyke, 60 N.J. 160, 163 (1972), "that where reversal of a judgment eliminates all basis for recovery against a nonappealing party, as well as against the party who has appealed, the benefit of the judgment will be made available to all alike.". Presently, core rotations take place in Illinois, Georgia and Jamaica. Weiner believed that the problem with this student predated Chilana's involvement in All Saints. . Even so, the record of disharmony among the members, and the serious challenges to the school's continued viability, amply justified the appointment of those neutral experts.14. This amount will be refunded upon completion of the course if no damages to slides and microscopes are incurred. The 4-year MD Program, 5-year MD program and lastly the B.S.C Medical Sciences program. FN14. We therefore sustain the trial judge's denial of relief to plaintiffs on their affirmative claims. A-2628-09T1 ALL SAINTS UNIVERSITY OF MEDICINE ARUBA; ASUMA LLC; and RICHMOND PAULPILLAI, Plaintiffs, and JOSHUA YUSUF, Plaintiff-Appellant, v. GURMIT SINGH CHILANA, Defendant-Respondent, and PETER SILBERIE, Defendant. In addition, Yusuf argues that the trial court should not have excused defendants for signing checks in violation of the Operating Agreement and for obtaining a charter for a third medical school in Aruba. Given this open question about whether or not a sale of plaintiffs' shares will be effectuated, it may be unnecessary for us to review the trial court's determination that plaintiffs' shares had no value as of July 31, 2008. We note that defendants' appellate brief similarly focuses upon the application of subsection 3(c), with little discussion of the proofs or legal analysis relating to subsection 3(a). See Wilkins v. Hudson County Jail, 217 N.J.Super. (Ibadan), Registrar (Admin.) In his testimony, Chilana explained that the Smith Barney account had limitations because it was an investment account, so ASUMA needed a deposit account. In the absence of a proven breach of fiduciary duty, and proven resulting harm, the trial judge was not obligated to grant remedial measures to plaintiffs based upon defendants' alleged breaches. Suhas Kotbagi, MD (St. Lucia), MBA (Alagappa), (Associate Professor)Dr. Olha Puzyrenko, MD (Kiev), (Assistant Professor)Dr. Shakeel Ahmed Khan, MBBS, PG Dipl (Karachi), (Associate Professor)Dr. Vanaja Thirukkumaran, MD, (St. Lucia), (Assistant Professor)Dr. Bolaji Ayinde, MD (Dominica), (Instructor), Location Hillsborough Street Roseau, Commonwealth of Dominica. The judge reasonably declined to continue the status quo, given the precarious financial condition of All Saints, the fractured relationship of the LLC's members, Yusuf's denial of the school's financial problems, and his unwillingness to infuse more funds into the business. [13][16] During this period, students must complete a minimum of 72 weeks in clinical rotations. With hundreds of students on the campuses and several hundreds more in clinical clerkships throughout the United States, Canada and around the world, All Saints University is the medical school to attend and will confidently provide students with the knowledge needed to thrive in their medical career. On November 20, 2008, Chilana filed an emergent application requesting the trial court to declare plaintiffs judicially dissociated from ASUMA, pursuant to N.J.S.A. We further clarify that, despite what the parties and the trial judge may have otherwise assumed, N.J.S.A. In reaching this holding, we indicated in Sebring that, even absent a proven breach of the partnership agreement, the failure by a partner to contribute capital may satisfy the not reasonably practicable standard expressed in N.J.S.A. [14][15] The program consists of 2 years in basic sciences that are conducted at the Dominica campus. 141, 152 (App.Div.2007) (absent an LLC operating agreement, the LLCA controls). We reject these contentions for several reasons. But such competition did not occur here. PETER SILBERIE, Defendant. As of the time the parties' filed their appellate briefs, Chilana was still operating ASUMA and All Saints. FN1. The appalling fact is that division ofthe Church into several denominations, and also The issues litigated in this case require our application of the LLCA, the operative statute that was in force at the time of the parties' actions and the trial court's rulings, and which remains in force as of the time of this appeal.9 Section 2B24 of the LLCA provides that [a] member shall be dissociated from a limited liability company upon the occurrence of any of the following events, as enumerated in subsections (a) and (b) of the provision and the various subparts of those subsections. I am grateful to All Saints University, Dominica, for allowing me to chase my dreams of becoming a doctor at such a young age. For example, we do not reach here the question of whether a passive investor in an LLC could be ousted solely because he or she declines to invest more funds into the entity when asked to do so, having done nothing to precipitate the company's financial or operational distress. Id. When a unanimous vote could not be reached, an arbitrator was to be appointed, whom the Board had to approve unanimously. Solomon testified that Symeonides provided him with adequate backup for the numbers used. Pomerantz Paper Co. v. New Cmty. FN6. Our focus here is upon N.J.S.A. On January 14, 2010, Chilana petitioned the Court of First Instance in Aruba to remove Yusuf and Paulpillai from the Board, relying on the Chancery judge's decision in this case. Meanwhile, Paulpillai, as Chief Administrative Officer, created the admissions criteria and recruited students. See Fortugno v. Hudson Manure Company, 51 N.J.Super. ] N.J.S.A. Throughout the stages of the program they work closely with you to guide you on your path to becoming a doctor. 42:2B24(b)(3), which provides that a member of an LLC is to be dissociated from the company, upon judicial expulsion, for one of three reasons: (a)the member engaged in wrongful conduct that adversely and materially affected the limited liability company's business; (b)the member willfully or persistently committed a material breach of the operating agreement; or, (c)the member engaged in conduct relating to the limited liability company business which makes it not reasonably practicable to carry on the business with the member as a member of the limited liability company[. Because we affirm Judge Contillo's finding that the value of ASUMA upon entry of the judgment in January 2010 was zero, a finding Yusuf has not contested, it is of no practical moment whether Yusuf is determined to own twenty-six and one-half percent or fifty-three percent of ASUMA on the valuation date. He further argues that the expert improperly relied upon hearsay projections of enrollment and other information that Symeonides had received from Glueck and Chilana. If you are currently in St. Vincent and would like to , Covid Updates All Saints University St. Vincent is committedto the safety and security of all students and will continue to advocate in the best interest . Following a six-day bench trial, the Chancery judge ordered that Yusuf and Paulpillai be expelled from the LLC, upon finding that they had engaged in conduct authorizing such judicial dissociation, pursuant to both subsections 3(a) and 3(c) of N.J.S.A. Yusuf memorialized that conversation in an e-mail to Chilana. Plaintiffs insisted, however, that they were not in a position to make any capital contributions. FN2. For example, we do not reach here the question of whether a passive investor in an LLC could be ousted solely because he or she declines to invest more funds into the entity when asked to do so, having done nothing to precipitate the company's financial or operational distress. See generally Muellenberg v. Bikon Corp., 143 N.J. 168, 181 (1996) (noting, in the context of a closely-held corporation, that controlling shareholders have a legitimate interest to rein in [the] management and control the affairs of the corporation). FN13. It was taken out as a precaution so that a second medical school could exist on the island if All Saints Aruba ceased to exist as a result of the parties['] deadlock, or this litigation. In the wake of the venture's persisting problems, the trial court did not abuse its discretion in ordering dissociation under N.J.S.A. For the MD Degree program the final 80 weeks, known as Clinical Clerkships, are completed at teaching hospitals in various locations in the USA, Jamaica, UK and the Caribbean. Of course, Judge Contillo could have just as well based that remedy on the parties' stipulation or, as Yusuf necessarily concedes, on the court's general equitable powers. Our holding is limited to the facts of this rather unusual case..FN13. Search for "site/en/topic/terrorism-lists" - madamasr.com . Take the first step towards your medical degree with ASU. Chilana sought such emergent relief because All Saints required immediate capital to continue operating into the next semester. Id. Paulpillai did not appeal the judgment, and defendants have not cross-appealed on any issues. An expert must give the why and wherefore of his or her opinion, rather than a mere conclusion. All Saints University was founded by a group of dedicated medical and business professionals, all of whom had over 20 years of experience in medical education. Here, that presumptive date would have been the date of the final order of January 6, 2010. The common opinion here is probably to not go, but I'm still curious about them. Start Dates: September, January or May. See also Bartfield v. RMTS Assocs., LLC, 783 N.Y.S.2d 560, 561 (App.Div.2004) (dismissing claims of breach of fiduciary duty brought against members of a New York LLC, who had taken steps to create a competitor company, because there was no proof that they had actually made improper use of the LLC's time or facilities, disseminated confidential information, or usurped the LLC's business opportunities, in favor of the new entity). There are two campuses in Roseau, Dominica and Saint Vincent and the Grenadines, along with administrative bases in Chicago, Illinois and Toronto, Ontario. To the contrary, Solomon explained at length the whys and wherefores underlying his ultimate opinion that All Saints and ASUMA had no positive value. With hundreds of students on the campuses and several hundreds more in clinical clerkships throughout the United States, Canada and around the world, All Saints University is the medical school to attend and will confidently provide students with the knowledge needed to thrive in their medical career. Our holding is limited to the facts of this rather unusual case. Before Judges Sabatino, Accurso and O'Connor. The immigration problems evidently persisted, but some protocols were apparently in place as of the time of the trial in the fall of 2009. Meanwhile, plaintiffs contributed no funds, and Paulpillai advised teachers, by copying them on an e-mail, that defendants were solely to blame for the financial crises. ALL SAINTS UNIVERSITY OF MEDICINE ARUBA; ASUMA LLC; and RICHMOND PAULPILLAI, Plaintiffs, and JOSHUA YUSUF, Plaintiff-Appellant, v. GURMIT SINGH CHILANA, Defendant-Respondent, and PETER SILBERIE, Defendant. The "Aruban law" argument is, in any event, beside the point as Yusuf does not challenge the Chancery court's power to compel a forced sale of Yusuf's interest in ASUMA for his breaches of fiduciary duties and duty of loyalty, notwithstanding any term of the Operating Agreement. Alumni are an important part of our community at All Saints University College of Medicine, St. Vincent and the Grenadines. We have no occasion here to review the reasonableness of the fees charged by Weiner and Glueck, and no orders establishing or approving their terms of compensation have been appealed..FN14. It advised that going forward we will require the signatures of all four partners to effect transactions [. The judge noted the Agreement was obviously not drafted by a lawyer and "speaks inaccurately and without sophistication of `shares' which neither a New Jersey Limited Liability Company nor, apparently, an Aruba foundation actually possess." Any student who is absent for two terms or semesters without providing a valid written request and without obtaining prior approval from the university authorities may be subject to sanction or dismissal from the university; this would appear in the transcript of academic record of such a student. Work on the Warner Expansion is expected to continue in the course of the new year. All Saints University School of Medicine, Dominica (ASUDOM) is a private medical school located in the Caribbean. Added in 24 Hours. It was not an easy road but their guidance and advice did come a long way. In 2004, plaintiffs formed a Canadian corporation, named the Medical Education Examination Resource Center, Inc. (MEERC), for the purpose of starting a medical school in the Caribbean. To facilitate the application process, plaintiffs hired Silberie, whom they also had met at St. James, to establish a link with the Aruba government. They've had plenty of opportunities to show otherwise. The Operating Agreement further provided that a second bank account would be established in the United States. FN15. Shortly before trial, on September 4, 2009, Silberie agreed to sell his interest in ASUMA to Chilana for the nominal consideration of one dollar. FN18. Copyright 2023 All Saints University, St. Vincent and the Grenadines, MD 4 Year Degree Program Curriculum Details, Bachelors in Public Health Program Application Tips, Rolling Admissions. and Financial Aid OfficerMrs. Because plaintiffs persisted in their non-compliance with the court's discovery order, Chilana moved for an adverse inference on May 12, 2009. We have duly considered all of the other contentions raised by Yusuf and conclude they lack sufficient merit to warrant discussion in this written opinion. Given this delayed effective date, the change in the statutory scheme has no effect on the issues in the present appeal. That is particularly true in light of its amply-supported finding under subsection 3(c) of the statute that it was not reasonably practicable to carry on the business without implementing such a measure. FN11. The June 2007 directors' meeting ended with persisting conflict between Silberie, on the one hand, and Yusuf and Paulpillai, on the other. All Saints University School of Medicine grants admission to qualified applicants or students regardless of color, age, race, nationality, religion, gender, sexuality, disability or marital status. Div. 357, 381 (App.Div.2007), rev'd on other grounds, 196 N.J. 502 (2008), held that the appropriate valuation date in the event of dissociation is the date of the dissociation itself. 42:132(1)(d) (emphasis added). at 3, we, in effect, vacated Judge Contillo's chosen statutory remedy for the judgment Chilana secured against Yusuf on derivative count five of the counterclaim. FN16. The judge fairly concluded from the evidence that plaintiffs' claims of breach of duty, breach of contract, and misappropriation against defendants had not been sufficiently proven. To the extent the financial practices implemented by Chilana deviated from the parties' Agreement, they caused no damages or harm whatsoever, and thus provide no basis for relief under a breach of contract cause of action. Accelerated (4-6 Semesters) Nursing Deegree Program, Bachelor of Health Sciences (Diagnostic Medical Imaging), Bachelor of Health Sciences (Medical Laboratory Technology), DEANS AND ASSOCIATE DEANS (CLINICAL SCIENCES), Dr. Charlotte Jeremy-Cuffy, MD, MSc. ASU College of Medicine has provided an extremely supportive environment for me during the years of my medical education, as well as throughout the complex process of applying for residency in the U.S. Testimonial - All Saints University has given me an opportunity that has changed my life completely. ALL SAINTS UNIVERSITY OF MEDICINE, ARUBA, ASUMA LLC and RICHMOND. A-2425-13 (App. Had there been no stipulation, we would have remanded for the court to consider the question of remedy anew. 42:2B24(b)(3)(c). I was presented with many opportunities that brought promising results. He has acted consistent with his fiduciary obligations both in his dealings with the other members, the students, and the Aruban government, and the administration and faculty of the medical school. Id. All Saints Univ. Here, that presumptive date would have been the date of the final order of January 6, 2010. Interested in having your medical school participate in UMCAS? In light of that clarification, it was unnecessary for the court to have determined a value for plaintiffs' shares, although we discern no error in the expert-based valuation that the trial judge adopted. We also relied in Sebring on an Indiana appellate court decision, Hansford v. Maplewood Station Business Park, 621 N.E.2d 347, 351 (Ind.App.1993), in which the Indiana court found that a partner's failure to contribute expenses and to participate in restructuring the partnership debts rendered it impracticable for other partners to continue the partnership business with that partner. He contends that he has a right to affirmative relief, even in the absence of a showing of any monetary harm to the LLC or All Saints flowing from defendants' alleged misdeeds. For the reasons that follow, we affirm the trial court's final judgment ordering plaintiffs' dissociation from the LLC. Chilana testified that, as of the time of trial, he had not been reimbursed for his emergency cash infusion. 42:2B39 to resign as a member of the LLC and to receive within a reasonable time the fair value of his [LLC] interests as of the date of resignation[. 42:1A40(b) (noting that after a partner is expelled, the surviving partners may waive dissolution and resume carrying on the partnership as if the dissolution had not occurred). Specifically, Yusuf and Paulpillai each had 265 shares, and thus, had a combined controlling stake in the LLC; Chilana had 250 shares, and Silberie, 220 shares. LEXIS 7 (Del. At that future time, the new statute will apply to all LLCs formed after its effective date and to any LLC that changes its operating agreement to implement the RULLCA's provisions. 42:2B39. I consider myself privileged to have had the opportunity to work with them. See, e.g., Paternoster v. Shuster, 296 N.J.Super. The 4-year MD degree program comprises 5 semesters of instruction in Basic Medical Sciences in Dominica followed by 72 weeks of clinical clerkships. As a result of these accounts being frozen, the parties had difficulty paying teacher salaries, rent, and taxes. To avert disaster, Chilana eventually assumed plaintiffs' obligations by infusing his own additional personal funds into the business. Yusuf testified that Chilana's position on the Board did not give him the same authority as the three founding members. Aruba v. Chilana, No. Melissa Alexander, (China), Administrative Assistant, Dr. Suraj Parajuli, MBBS, MD (Kathmandu), (Associate Professor and Chair)Dr. Wisam Al-Hafidh, MBChB, FRCS (UK), ProfessorDr. Signatures of All Saints University College of Medicine, St. Vincent and the trial 's! Their affirmative claims had difficulty paying teacher salaries, rent, and taxes complete a minimum of 72 in... As a result of these accounts being frozen, the parties had difficulty paying salaries. And advice did come a long way Musto v. Vidas, 281 N.J.Super. under N.J.S.A chartered. Plaintiffs ' obligations by infusing his own additional personal funds into the next.. To show otherwise be appointed, whom the Board had to approve.., 134 N.J. 326, 354 ( 1993 ) ; see also Marioni 94! I was presented with many opportunities that brought promising results been reimbursed for his emergency cash infusion served the... ) and ( c ) with the court to consider the question of remedy anew... 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