A pair of significant appellate decisions last week address the courts’ remedial powers concerning co-op and condominium board elections and access to the shareholder list for purposes of campaigning for board seats. Learn more in this week’s New York Business Divorce.
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March 2022
But What of the Equitable Accounting?
By Peter J. Sluka on
In what he described as “the aftermath of what had been an amicable business divorce,” New York County Commercial Division Justice Joel Cohen discusses several interesting and novel limitations on New York’s cause of action for an equitable accounting.
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Anti-Dissolution Provisions and Public Policy
By Franklin C. McRoberts on
In this week’s New York Business Divorce, read about the history and development of case law in New York over the past 25 years holding potentially void as against public policy provisions in partnership, shareholders, and operating agreements barring closely-held business owners from petitioning courts to dissolve the entity.
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New York Judge Spares NRA “Corporate Death Penalty”
By Peter A. Mahler on
In a 42-page decision handed down last week, a Manhattan judge threw out the New York Attorney General’s controversial effort to compel the involuntary dissolution of the National Rifle Association based largely on alleged financial abuses by its leadership. Get the full story in this week’s New York Business Divorce.
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