secwatch.observer — SEC 8-K summary
======================================

Issuer:     Gyrodyne, LLC (GYRO)
CIK:        0001589061
Form:       8-K
Filed at:   2024-02-09T23:59:59+00:00
Accession:  0001437749-24-003600
Event type: litigation
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Court partially denies motions to dismiss in Article 78 proceeding; answer due in 20 days
--------------------------------------------------------------------------------

- Supreme Court of NY, Suffolk County, issued order on Feb 6, 2024, partially denying and granting motions.
- Denied motions as to three individual petitioners and the St. James-Head of the Harbor Coalition.
- Granted motions as to 20 other individuals and the Village of Head of the Harbor.
- Denied Gyrodyne's motion alleging failure to state a claim; must serve an answer within 20 days.
- Gyrodyne says order does not affect strategic timeline or net asset estimate; expects sales by end of 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589061/000143774924003600/0001437749-24-003600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589061/000143774924003600/gyrllc20240208_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-003600

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer