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New York Business Divorce

Commentary on Dissolution and Other Disputes Among Co-Owners of Closely Held Business Entities

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Books and Records Case Illustrates Crucial Importance of Pre-Suit Demand

By Peter Mahler on July 31, 2017

Posted in Access to Books and Records, Delaware, Standing

This week’s New York Business Divorce looks at a noteworthy decision by Manhattan Commercial Division Justice O. Peter Sherwood in which he dismissed claims by a minority member of Delaware LLCs for inspection of books and records. …
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