December 2021

In a case featuring your authors as counsel for the prevailing parties, NY County Commercial Division Justice Robert Reed enforces the buy-sell provision of a corporation’s shareholders agreement triggered by the shareholders’ petition for dissolution.
Continue Reading Look Before You Leap: Buy-Sell Agreements Triggered by a Petition for Dissolution

Professor Susan Pace Hamill is one of the leading authorities on the history and evolution of LLCs and LLC jurisprudence. This week’s New York Business Divorce introduces the latest episode of the Business Divorce Roundtable podcast featuring an interview with Professor Hamill about her latest law review article entitled Some Musings as LLCs Approach the Fifty-Year Milestone.
Continue Reading LLCs as They Approach the 50-Year Milestone: A Conversation with Professor Susan Pace Hamill

In this week’s New York Business Divorce, we tackle one of the most spectacular and well-publicized business falling-outs of modern times: Michael D. Cohen’s departure from the Trump Organization LLC, his resulting criminal conviction, and his cooperation with the Federal Government’s various investigations into activities surrounding former President Trump J. Trump. As an alleged former officer of the Trump Organization, Cohen sued the company for indemnification under its operating agreement for millions of dollars in legal fees resulting from the sprawling array of civil, administrative, and criminal proceedings against him. Learn how Cohen’s claims were resolved in this week’s New York Business Divorce.
Continue Reading The Outer Limits of LLC Indemnification: Michael Cohen v Trump Organization