- #NEWSTREAM HOTEL PARTNERS IAH LLC PDF#
- #NEWSTREAM HOTEL PARTNERS IAH LLC FULL#
- #NEWSTREAM HOTEL PARTNERS IAH LLC TRIAL#
The amount of security required depends on the type of judgment. Under Rule 24.1, " nless the law or these rules provide otherwise, a judgment debtor may supersede the judgment by" filing an agreement with the judgment creditor for suspending enforcement of the judgment, posting a bond, making a deposit in lieu of a bond, or providing alternate security as ordered by the court. Texas Rule of Appellate Procedure 24 addresses suspension of enforcement of a judgment pending appeal in civil cases. To the extent the ruling turns on a question of law, our review is de novo.
#NEWSTREAM HOTEL PARTNERS IAH LLC TRIAL#
We review the trial court's supersedeas ruling for an abuse of discretion. We now turn to Newstream's motion for review of the trial court's supersedeas ruling. On April 9, 2020, we denied both motions and reinstated the appeal. Due to events occurring during the abatement, Red Lion moved to dismiss the appeal as moot, and Newstream moved to continue the abatement period. On January 23, 2020, we abated the appeal for 60 days and referred the parties to mediation. We did not review the trial court's supersedeas ruling at that time. We issued an order later that day granting the motion in part and staying the foreclosure sale referred to in the motion. This data can sometimes help you identify similar companies that are connected in some way. The companies and people listed on this page at one time used the above address in association with their company. We have found 52 companies and 7 people at this address. Braun Agent Address 6850 TPC Drive, Suite 210, McKinney, TX, 75070, USA Directors / Officers. Overview for 311 S Oak St Roanoke, TX 76262. News Partners Newstream Hotel Partners - IAH LLC. Newstream Hotel Partners - IAH LLC (trading name, - ) Red Lion Hotel (trading name, - ) Agent Name Carlisle A. On January 6, 2020, Newstream filed its "Emergency Motion to Review Denial of Supersedeas and for Temporary Order Staying Foreclosure Pending Appeal." Red Lion filed an opposition the same day. Newstream Commercial serves clients in Real Estate Investment Services, Development Services, Construction Services, Sales & Leasing, and Property and Asset Management. UC RED LION HOUSTON HOLDER, LLC AS SUCCESSOR IN INTEREST TO UC FUNDING, LLC, Appellee See why 9,000+ firms switched to Casetext.
#NEWSTREAM HOTEL PARTNERS IAH LLC PDF#
The trial court denied the motion in its entirety. Holder LLC Download PDF Check Treatment Opinion 14-19-01022-CV 09-14-2021 NEWSTREAM HOTEL PARTNERS-IAH, LLC, Appellant v. Defendant/appellee UC Red Lion Houston Holder, LLC ("Red Lion") filed an opposition to the motion. Following the dismissal, Newstream filed an emergency motion in the trial court to set a supersedeas bond and to stay the final judgment. This is an appeal from a judgment dismissing the lawsuit filed by plaintiff Newstream Hotel Partner-IAH, LLC ("Newstream") under a forum selection clause. On Appeal from the 269th District Court Harris County, Texas State of Texas in the Fourteenth Court of Appeals UC RED LION HOUSTON HOLDER, LLC AS SUCCESSOR IN In order to qualify for the PPP loan amount received, Aasra Hospitality, Inc's 2019 payroll expenses are estimated to be at least $504,000.NEWSTREAM HOTEL PARTNER-IAH, LLC, Appellant On the PPP application, Aasra Hospitality Inc reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Aasra Hospitality Inc in Houston, TXįor Aasra Hospitality, Inc, the calculation used to estimate payroll costs is shown below:īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Aasra Hospitality Inc's 2019 payroll expenses are estimated to be at least $705,782.īased on their reported 14 jobs retained, this equals an estimated average yearly compensation of $50,413 per employee 1 Reported PPP Proceed Usage: Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above).
#NEWSTREAM HOTEL PARTNERS IAH LLC FULL#
Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received.
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Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received.
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