In contrast to close corporations, the freeze-out of an LLC’s minority member, without more, does not suffice to plead a valid claim for judicial dissolution, according to an appellate ruling earlier this month in Doyle v. Icon, LLC. It’s in this week’s New York Business Divorce.
Continue Reading Is Exclusion from LLC Enough for Dissolution?
February 2013
Court Decision Boosts Equitable Buy-Out Remedy in LLC Dissolution Case
By Peter A. Mahler on
A decision last month by Justice Carolyn Demarest in Mizrahi v. Cohen adds to the short but growing list of LLC dissolution cases in which courts have ordered equitable buy-outs notwithstanding the absence of enabling provision in the LLC agreement. This week’s New York Business Divorce has this important story.
Continue Reading Court Decision Boosts Equitable Buy-Out Remedy in LLC Dissolution Case
A Judge’s Wise Words on Disputes in Family-Owned Businesses
By Peter A. Mahler on
Posted in Family-Owned Businesses, Settlement
Continuing its spotlight on disputes in the family-owned business, this week’s New York Business Divorce features insightful remarks on the subject by Justice Alan D. Scheinkman of the Westchester Commercial Division following the settlement of a case I handled before him.
Continue Reading A Judge’s Wise Words on Disputes in Family-Owned Businesses
Interview with Law Professor Benjamin Means on Conflict in Family-Owned Businesses: Part Two
By Peter A. Mahler on
Posted in Family-Owned Businesses, Interviews
This week’s New York Business Divorce continues with Part Two of my interview with law professor and legal scholar Benjamin Means whose latest article applies legal and social science theories to the special problems afflicting the family owned business.
Continue Reading Interview with Law Professor Benjamin Means on Conflict in Family-Owned Businesses: Part Two