The so-called “quick and dirty” business appraisal can serve a number of highly useful purposes in the early stages of a business divorce, as explained in this week’s New York Business Divorce.
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May 2015
Oppression Claims Don’t Cut It in LLC Dissolution Cases
Last week’s decision by a Manhattan appellate panel in Barone v. Sowers reaffirms its holding two years ago in Doyle v. Icon, LLC that a minority member of an LLC cannot solely rely on allegations of oppression by the majority member to survive a pretrial motion for dismissal of a dissolution claim. Learn more in this week’s New York Business Divorce.
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Should Business Appraisers Rely on Case Precedent for Discounts?
In a prior, reported decision involving Company A, the judge applied a 25% marketability discount. Can that decision be used to support a 25% discount in valuing unrelated Company B? Get the answer in this week’s New York Business Divorce. …
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Delaware Chancery Court Endorses Equitable Dissolution of LLC
Equitable dissolution of LLCs may not sound familiar to business divorce mavens, but that could change after last week’s decision by Vice Chancellor Laster of the Delaware Chancery Court in a case involving the Tom James custom apparel company. Read more in this week’s New York Business Divorce. …
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