This week’s New York Business Divorce analyzes the use of binding mediation to resolve deadlock between 50/50 business owners, a device whose use was affirmed on appeal in a decision last week by the Appellate Division, First Department.
Continue Reading Anyone Think Binding Mediation to Break Deadlock Is a Good Idea?
May 2018
No Prize for Nobel Laureate in Fight for Bigger Stake in Biotech Company
The parol evidence rule blocks the claims of a Nobel laureate based on an alleged oral stock allocation agreement in the shareholder dispute featured in this week’s New York Business Divorce. Don’t miss it!
Continue Reading No Prize for Nobel Laureate in Fight for Bigger Stake in Biotech Company
Corporate Frankenstein “Partnership to Form a Corporation” Lives Another Day
Is is a partnership? Or is it a corporation? Can an entity be both at once? Find out in this week’s New York Business Divorce.
Continue Reading Corporate Frankenstein “Partnership to Form a Corporation” Lives Another Day
If LLC Agreement Must Be in Writing, Must it Be Signed?
An appellate ruling last week in a dispute between a putative 50% LLC member and the other party claiming to be the sole member raises the issue whether a written operating agreement, to be enforceable, requires signatures. Read more in this week’s New York Business Divorce. …
Continue Reading If LLC Agreement Must Be in Writing, Must it Be Signed?