Ibid. All operational expenses must be approved by at least three of the shareholders / directors. Yusuf maintains that several of the court's factual findings lack support in the record, specifically including findings that plaintiffs (1) improperly withheld financial documents relating to the operations of the LLC and MEERC; (2) failed to provide documentation of student grades, courses, and credits; (3) caused a deadlock over the handling of the Smith Barney and CMB bank accounts, resulting in those accounts being frozen; (4) permitted immigration problems to fester; (5) failed to make adequate funding available to the school and misused current student funds to meet past defaulted obligations; and (6) engaged in conduct that brought the school to the brink of collapse and threatened its future viability. ] As a result, the parties had the same percentage interests in ASUMA as they did in All Saints. of Med. Div. It also contains a more detailed section regarding the effect of a person's dissociation as a member. Ibid. In July 2007, Yusuf learned that Chilana and Silberie were co-signing the Smith Barney checks. He contends that Solomon's testimony represented improper net opinion, based on inaccurate facts and hearsay supplied by Symeonides, the accountant. The decision to sell shares must be voluntary. We therefore sustain the trial judge's denial of relief to plaintiffs on their affirmative claims. 42:2B-1 to-70, since repealed, the judge ordered Yusuf and Paulpillai dissociated from ASUMA and paid fair value for their interests, which value was determined to be zero on the stipulated valuation date. In particular, plaintiffs had not provided ASUMA's accountant, Dean Symeonides,7 with adequate bank records establishing that students had paid tuition to plaintiffs prior to the formation of ASUMA, and showing in which bank plaintiffs had deposited the tuition payments. So I'm not going to sanction. He also challenges the court's conclusion that defendant's actions caused no harm to the LLC or to All Saints. It was not an easy road but their guidance and advice, Location Hillsborough Street Roseau, Commonwealth of Dominica. at 42832; see N.J.S.A. So much has been said about the involvement of the Church in socioeconomic and political development globally, in Africa, and in South Africa in particular. Melissa Alexander, (China), Administrative Assistant, Dr. Suraj Parajuli, MBBS, MD (Kathmandu), (Associate Professor and Chair)Dr. Wisam Al-Hafidh, MBChB, FRCS (UK), ProfessorDr. The LLC was formed in connection with the operations of a fledgling medical school in Aruba. at *20. All Saints University School of Medicine 700 N Sacramento Blvd #311 Chicago, IL 60612 (312) 583-1034 . On May 3, 2007, the four parties executed an Operating Agreement for ASUMA.3 As contemplated, Chilana received 250 shares in All Saints, which represented a twenty-five percent minority interest, in exchange for his $500,000 contribution. Id. 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. Applying the rule here, Paulpillai's interest should be treated the same as Yusuf's through appeal and remand. ALL SAINTS UNIVERSITY OF MEDICINE, ARUBA, ASUMA LLC and RICHMOND. Given this delayed effective date, the change in the statutory scheme has no effect on the issues in the present appeal. Click on the case name to see the full text of the citing case. 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. at 43132. Those alleged breaches included the co-signing of checks by Chilana and Silberie in contravention of the Operating Agreement, as well as their actions in obtaining a charter authorizing a third medical school in Aruba. Chilana testified that, as of the time of trial, he had not been reimbursed for his emergency cash infusion. See Kuhn, supra, 366 N.J.Super. Although Yusuf and Chilana have professional degrees, we refrain, solely for stylistic reasons and without any disrespect, from referring to them as Dr. The University strives to produce broadly and thoroughly educated graduates who realize that the medical profession is not simply a trade to be learned but that it denotes a sense of social responsibility. And to the registrar, Dr. Guzin Dincel, thank you for always being a listening ear and for advocating for me when I needed it. Id. The Dean of All Saints, Lakhinder Kanwar, referred Yusuf to Chilana, an obstetrician and gynecologist licensed in New Jersey and practicing in Paterson. . Consists of 4 semesters (one year four months) of General Sciences completed on campus and 3 semesters (1 year) of Public Health courses completed online. Yusuf further contends that the judge erred in attributing zero value to his shares in the company. By holding in 2012 "that, despite what the parties and the trial judge may have otherwise assumed, N.J.S.A. at 430. Cf. Corp., 207 N.J. 344, 37273 (2011); Buckelew v. Grossbard, 87 N.J. 512, 524 (1981). We further clarify that, despite what the parties and the trial judge may have otherwise assumed, N.J.S.A. 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. 431, 440 (App.Div.) 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. The tuition payments transferred electronically into the Citibank account through Google's payment service. In spite of the government's earlier commitment that no more than two such charters would be issued, it granted defendants' request and issued them the third charter in October 2008. See N.J.S.A. Subsection 3(a) has a normative component, requiring that the member's behavior be wrongful.10 Ibid. It is important to note that Yusuf does not challenge the power of a court of equity to have ordered a forced sale of his shares for his adjudicated breaches of his fiduciary duties and duty of loyalty to ASUMA. [13], The 4 Year MD Program is for applicants who have completed a Bachelor of Science or the necessary prerequisites at an accredited school. The second charter was issued to Xavier University School of Medicine (Xavier). (London), (Associate Professor)Dr. Delia Graham, MD (Dominica), (Assistant Professor), Dr. Rachael Andrew, MD (Havana), (Associate Professor)Dr. Wisam Al-Hafidh, MBChB, FRCS (UK), ProfessorDr. Since Paulpillai did not appeal the Chancery judge's findings, the Aruba court deemed the findings to be final against him, and thus removed him individually from the Board. Throughout the stages of the program they work closely with you to guide you on your path to becoming a doctor. Solomon Karredula, MBBS (Nagarjuna), MD (Andhra), Associate ProfessorDr. FN7. For the reasons that follow, we affirm the trial court's final judgment ordering plaintiffs' dissociation from the LLC. The allegation with respect to Chilana's role in obtaining a third charter is the most serious allegation, but it provides no basis for relief to plaintiffs. Meanwhile, Yusuf and Paulpillai each owned 265 shares, together controlling fifty-three percent of All Saints. They've had plenty of opportunities to show otherwise. Ch. FN5. Presently, core rotations take place in Illinois, Georgia and Jamaica. In the third and fourth year of the MD program, students become directly involved in the care and study of patients. Located in the city of Roseau of Dominica, the university has been named the best Caribbean Medical School. denied, 143 N.J. 328 (1996). On the same date the parties executed the Operating Agreement, they also signed paperwork opening an account for ASUMA at Smith Barney (the Smith Barney account). at 22). Study medicine in St Vincent, practice in USA, Canada. We explained that our remand was "premised on the fact that the parties had stipulated to a buyout upon dissociation. The enforceability of this agreement is unclear. 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. 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. Moreover, pursuant to the Operating Agreement's terms, no shareholder can be compelled to give up or sell [his] shares for any reason.. Comm., 140 N.J. 366, 378 (1995). FN6. 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). Yusuf and Paulpillai were Cf. All Saints University may also refer to: All Saints University School of Medicine, in Roseau, Dominica All Saints University College of Medicine, Saint Vincent and the Grenadines All Saints University of Medicine, former name of Aureus University School of Medicine, Oranjestad, Aruba All Saints is a university that educates doctors of medicine. fully considered the common law breaches and decided not to deprive Yusuf of his shares' on that basis." 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). We do not retain jurisdiction. admissions@allsaintsuniversity.org Phone Number: 1-866-602-9555 School Details School Name: All Saints University School of Medicine School Email: admissions@allsaintsuniversity.org Address: 5145 Steeles Ave West Toronto, Ontario M9L 1R5 Canada Website: https://www.allsaintsuniversity.org Alternate School Names: [14][15] The program consists of 2 years in basic sciences that are conducted at the Dominica campus. All Saints will assist students with information concerning insurance companies which provide this service. Div. Moheem Halari, MBBS (Maharashtra), MSc. 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.". 482, 504-05 (App. Admission into the 4-year program requires a Bachelor Degree or completion of at least two years of post secondary education, which must include successful completion of premedical admission requirements such as: Biology - 90 semester hours Chemistry - 90 semester hours Physics - 90 semester hours and one year of Mathematics or Calculus, English and Humanities or Liberal Arts. Here, after the bank accounts were suspended, neither Yusuf nor Paulpillai complied with Chilina's urgent plea that they help him provide the necessary capital to pay All Saints's monthly expenses. However, plaintiffs did not offer competing expert testimony to refute the opinion of defendant's valuation expert that the LLC had no positive value. Leagle.com reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions. Yusuf and Dr. Finally, the claims that Chilana misappropriated corporate funds or things of value must be dismissed for lack of any credible facts in the record to support the allegations. Realize your dreams of becoming a great physician at All Saints Dominica; a Great Place to Study and Graduate! However, that perception was apparently inaccurate. At trial, the parties disputed whether the agreement was an LLC operating agreement under N.J.S.A. 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. ] N.J.S.A. ALL SAINTS UNIVERSITY OF MEDICINE, ARUBA, ASUMA LLC and RICHMOND. As for the valuation date used, the court in Denike v. Cupo, 394 N.J.Super. The government also agreed to issue no more than two charters for a medical school in the country. 42:2B44. Choose the All Saints University SVG Experience. See Kuhn v. Tumminelli, 366 N.J.Super. On the same date, Weiner verified that Chilana had transferred $250,000 into a trust account to pay All Saints's obligations, of which $100,000 had already been used to pay past-due bills. We also do not lose sight of the fact that plaintiffs themselves have an eighty percent interest in another medical school in Dominica. A-2425-13 (App. Pharmaceutical Technology 3. The 4-year MD Program, 5-year MD program and lastly the B.S.C Medical Sciences program. Yusuf testified that he was attempting to compromise by permitting Silberie to sign checks, but prevent him from signing with Chilana. Natural Med., Inc. v. N.J. Dep't of Health & Senior Servs., _ N.J.Super. 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. Nor does the parties' Operating Agreement in this case allow for such a forced sale. Here, that presumptive date would have been the date of the final order of January 6, 2010. Every semester has an examination fee of US $90 per pre-med semester and USD $150 per basic medical science semester. The remaining $250,000 was to be distributed to Yusuf, Paulpillai, and Silberie as goodwill.. We denied the motion without prejudice to Yusuf raising the issue on remand to Judge Contillo. Given the murky genesis of that stipulation, it is possible that the parties may have entered into it with a mistaken assumption that dissociation under the statute would compel the dissociated members to tender their shares to the remaining members, regardless of whether they wanted to do so. denied, 109 N.J. 520 (1987). All students are required to pay US $150.00 as caution deposit for the histo/path lab. By signing up you are agreeing to our Terms of Service. A $250 penalty will be applied upon reinstatement. 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. AUSSOM, the perfect medical college for students with a passion for medicine. Chilana offered to contribute that needed equity if the court ousted Yusuf and Paulpillai from operating All Saints and ASUMA. Yusuf points out that under the New Jersey statutes governing corporations, it is improper for a court to order majority shareholders to sell their interests to the minority shareholders except in egregious circumstances. All Saints University School of Medicine (ASUSM) is a private medical school located in the Caribbean. Yusuf further argues that the trial court erroneously blamed plaintiffs for allowing immigration problems at All Saints to fester, even though the March 2007 incident with armed Aruba immigration authorities preceded the LLC's formation by more than a year and student enrollment continued thereafter. FN17. It also contains a more detailed section regarding the effect of a person's dissociation as a member. at 12). N.J.S.A. The government requires that students obtain proper health insurance before they arrive on the island. Meanwhile, Chilana infused at least $250,000 in funds to All Saints since obtaining the other charter..FN6. By comparison, we review the trial court's determinations on legal issues de novo. This matter returns to us following our most recent remand "for the limited purpose of allowing the trial court to consider anew the remedy for Yusuf's breaches of his fiduciary duties and duty of loyalty, including leave to consider whether Yusuf's wrongful conduct warrants a forced buyout." The immigration problems evidently persisted, but some protocols were apparently in place as of the time of the trial in the fall of 2009. In Paulpillai's e-mail to Silberie and Chilana, which was copied to the teachers, he blamed Silberie if All Saints failed, and demonstrated an unwillingness to consider solutions to the financial crisis. Work on the Warner Expansion is expected to continue in the course of the new year. This website uses cookies so that we can provide you with the best user experience possible. island of St. Vincent. [3] The Roseau campus opened in 2006. 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