The verdict is in: Limited partners may not assert claims seeking damages or rescission for fraud or illegal acts by the general partner relating to a merger transaction, and may only look to their statutory appraisal rights for relief. Read about it in this week’s New York Business Divorce.
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Continue Reading High Court Restricts Remedies of Limited Partner Alleging Fraud by General Partner in Merger Transaction

A fascinating opinion by Justice Kenneth Fisher is the focus of this week’s posting about a classic corporate governance dispute between 50/50 shareholders who also happen to be brothers, when one of them signs a company lease over the other’s objection.
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Continue Reading Court Upholds Authority of 50% Shareholder/President to Sign Lease Without Co-Owner’s Approval

Here’s a preview of (and link to) Peter Mahler’s recently published article in the New York Law Journal highlighting the most interesting business divorce cases decided by New York courts in 2007.
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Continue Reading Roundup of 2007 Business Divorce Cases